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Jss
Lv 7
Jss asked in Business & FinanceTaxesUnited States · 1 decade ago

Do Not Miss April 15, 2008?

IRS will charge you interest and penalties if you don’t file your tax return and pay the taxes on time. If you are not in a position to pay full amount and file your taxes by the due date, you must act now. This is what you can do to reduce interest and penalty:

1. Pay as much as you can before April 15, 2008,

2. File form 4868 for extension to file,

3. Make a short term arrangement with IRS, and

4. Apply for installment arrangement.

To learn more about this, read: http://taxipay.blogspot.com/2008/04/irs-due-date-a...

Do you have any idea?

3 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    "Do you have any idea?"

    Are you asking if I knew about the deadline? Yes, I did.

    Late FILING is always more expensive than late PAYING. If you don't have your tax return together in time, send in an extension for time to file form (form 4868), which will give you a new deadline of August 15th, 2008.

    If you're getting money back, the deadline is April 15th, 2011, after which, the IRS can legally not return any refund you have coming.

    If you owe, the penalty is based on how much money is due. If you file late, the penalties increase.

  • Anonymous
    1 decade ago

    I don't like sadists that rub it in that I work for a corrupt government that uses my money to go to war.

    But anyway, thanks for the reminder. You seem to be a good sport.

  • 1 decade ago

    Drum roll "what is your question"? Idea about what?

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