Do you get Penalized if you filed your taxes after the due date? I am expecting to receive money I don’t have to pay any money.

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Do you get Penalized if you filed your taxes after the due date? I am expecting to receive money I don’t have to pay any money.

No, if you are due a tax refund, there is no penalty for filing after April 15th. The IRS is actually holding your money.

Just be positive that you do not owe taxes because the penalties are steep if you owe tax and do not file an extension.

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