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Deductions & credits
@errikgarrett wrote:
This is a 2018 tax year return. I owe so I assume I need to make good before penalties and fines are assessed. As I read your statement, I heard I have three years if I am owed, and not the other way around? Or, is it 3 years regardless?
If you owe taxes on the 2018 tax return, those taxes were due on or before April 15, 2019. Penalties and interest will continue to accrue until you pay the taxes. Once the taxes have been paid the IRS will send you a bill for the penalties and interest. IRS payment website - https://www.irs.gov/payments
There are no penalties if you file a tax return after the due date if the return is being filed for a tax refund or there are no taxes owed. The tax return with a tax refund must be filed within three years of the original due date of the tax return, so for tax year 2018 it must be filed on or before April 15, 2022 or if an extension had been filed on or before October 15, 2022.