AmyC
Expert Alumni

State tax filing

Yes, you will be charged interest and probably penalties for not filing and paying on time. It is your responsibility to determine any tax obligations when the money is received. Going forward, be aware that you may even need to pay estimated taxes for the quarter when large winnings happen. 

 

In law, ignorantia juris non excusat (Latin for "ignorance of the law excuses not"), or ignorantia legis neminem excusat ("ignorance of law excuses no one"), is a legal principle holding that a person who is unaware of a law may not escape liability for violating that law merely by being unaware of its content. You have no recourse except to pay the tax along with the extra fees.

 

@michelebifano 

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