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Level 2
July 6, 2021
Question

Late tax return filing

  • July 6, 2021
  • 4 replies
  • 21 views

Hello

 

I am filing my taxes for 2020. I thought that  the extension was till Jul 15 (similar to 2019), my bad.

Is there any forgiveness for first time filing tax return late?

Is there any forms I need to add in my turbo-tax filing before I submit and pay my due taxes.

BTW, I have balance to pay so I am trying to see if there any forgiveness for first time filing.

Thanks 

4 replies

fanfare
Level 15
July 6, 2021

you could ask for forgiveness of the late filing penalty but if it is a small penalty you used up your one time abatement.

The late payment interest must be paid, by law.

fanfare
Level 15
July 6, 2021

IRS is so far behind processing, you would wait months for a response.