Filing timing

[tk37]

I will get a refund from Indiana state income tax but must pay Federal income tax and they do not completely offset each other.  Can I file the state return in late January when the filing period opens and hold the federal return until April 15, 2021?

[xmasbaby0]

That plan only works if print and mail the state return.  When you e-file, the federal return has to be e-filed first and be accepted BEFORE the state can be e-filed and accepted.  So if you want to file the state first and wait for the state refund, print it sign it and mail it.

[VolvoGirl]

Or efile both together and say you will mail a check for the federal.  Then you can send it later or pay directly online at the IRS whenever you want.

[xmasbaby0]

@VolvoGirl @tk37 Duh.....Maybe with a little more caffeine I would have come up with that too.....

[tk37]

Brilliant suggestion!  Navigates the rules in a simple fashion!  Thank you xmasbaby0.  I will have a glass of Special Reserve Crown Royal to celebrate your idea! 🙂

[tk37]

I am peeing my pants laughing at how simple the ideas are.  Bureaucrats do not have a chance!!!