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What if Im self employed, missed the April 15th 2019 deadline to file for 2018 and didn't file for an extension?
I missed the April 15th 2019 deadline to file for 2018. I am self-employed and currently in the process of filing with TurboTax. It shows I'm still getting a tax refund for 2018 but I still have to pay taxes which "reflects" on my federal tax return. What does that mean?
Since it's past the deadline, I didn't file for an extension and I owe taxes, what should I expect? What should I do next?
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June 1, 2019
12:39 PM
Anonymous
Not applicable
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Get your taxes done using TurboTax
check federal and state . you can not both owe and be due a refund for either. - owe for one refund for other is possible
June 1, 2019
12:39 PM
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Get your taxes done using TurboTax
"reflects" See Merriam-Webster.com, meaning 3c : to have a bearing or influence
June 1, 2019
12:39 PM
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Get your taxes done using TurboTax
There is no penalty for filing your federal return late if you are due a refund. See this for more details: https://turbotax.intuit.com/tax-tips/irs-tax-return/filing-your-taxes-late/L7IhvwH9b
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
June 1, 2019
12:39 PM