
Anonymous
Not applicable
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The IRS will charge interest on late or unpaid taxes, regardless of cause. The period covered always begins with the original due date of the return 7/15 , and ends with the receipt of payment by the IRS. You may incur interest expenses for late filing, or simply for making a mathematical error on your tax return.
so use 3. and make the payment immediately so it's paid on 7/30. other methods will result in IRS receipt at a later date. you do not reflect this on the return. there will be a balance due to which the IRS will add the interest 5% penalty for late payment - amount unpaid on 7/15 and then subtract the payment. you will get a bill for the rest
‎July 29, 2020
11:31 PM