We take down the online TurboTax software at some point in October. If you procrastinate past the October 16 deadline you may have to download a desktop version of our software in order to complete the 2022 return.
The penalties if you only owe $300 for late filing and late payment are not draconian. You miss a nice dinner out.
Consider this however, in a future year you make an honest mistake and IRS wants to impose a $3,313 substantial underpayment penalty.
You are going to ask for an abatement of that penalty. IRS looks at their records and sees you are a chronic non-filer or late filer. This is not a bucket you want to be in.
If and when you have an IRS problem, you want to be able to say, "I have always acted in good faith to comply with the US tax laws."
