Can I file another extension?

3 replies
33 views

How much is the penalty to file later?

Kat11_2Answer

Level 15

There is not an option to file another extension. You'll just need to file as soon as you possibly can.

There is no late filing penalty if you are receiving a refund. The IRS calculates late filing penalties based on your tax liability (what you owe), and how late you are in filing.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***

Kat11_2Answer

Level 15

There is not an option to file another extension. You'll just need to file as soon as you possibly can.

There is no late filing penalty if you are receiving a refund. The IRS calculates late filing penalties based on your tax liability (what you owe), and how late you are in filing.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***