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Get your taxes done using TurboTax
however, there will be a problem if the IRS finds errors or omissions that result in you owing which does happen. Then you owe a 5% late filing penalty for the first 5 months and a late penalty payment of .5% for each month thereafter. So if you wait the 3 years you can owe close to 40% in penalties plus interest plus the taxes.
‎April 12, 2024
10:53 PM
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