If I can't a file one form by the (extended) deadline, can I file 1040 and everything else I can, and file the missing form alone later? Example: the FATCA form. Or I should file everyting together and pay the penalties.
Hi @Midalvri !
Are you referring to form 8938? Form 8938 must be filed along with your income tax return (Form 1040) and is due at the same time per these IRS instructions:
https://www.irs.gov/pub/irs-pdf/i8938.pdf
There are delinquency penalties discussed here:
https://www.thetaxadviser.com/issues/2021/may/foreign-financial-asset-filing-requirements.html
Best wishes!
Cindy
Hi @Midalvri !
Are you referring to form 8938? Form 8938 must be filed along with your income tax return (Form 1040) and is due at the same time per these IRS instructions:
https://www.irs.gov/pub/irs-pdf/i8938.pdf
There are delinquency penalties discussed here:
https://www.thetaxadviser.com/issues/2021/may/foreign-financial-asset-filing-requirements.html
Best wishes!
Cindy
Thank you, Cindy4. This is for 8938. What about other forms, like Schedule B or alike?
Yes, it's best to file everything by the extension due date to avoid penalties for not timely filing. If you are due a refund on your 1040, you do have 3 years do claim it.
Thank you. If I am due a refund (=don't owe tax), will I still get penalties for filing past the (extended) deadline, in this case October 15?