Solved: Is it correct I do not need to file for extension (which is late) because I am getting a refund?

Is it correct I do not need to file for extension (which is late) because I am getting a refund?

posted

If you're due a refund, then filing late won't matter. IRS penalties are calculated based on tax owed, so if you don't owe any tax there's no penalty.

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If you're due a refund, then filing late won't matter. IRS penalties are calculated based on tax owed, so if you don't owe any tax there's no penalty.