I understand that I need to wait until federal tax efile is processed to file amended return, however, should I submit now the extra tax that will be due because of the added income? If not. will I be charged interest and/or a penalt?
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You will be charged interest on any payment that is not received by April 15th, even if it is from an amendment.
Can I avoid interest and any penalty by depositing the correct amount of my taxes due for the omitted income into my IRS account by April 15th?
Thank you.
You can pay the amount that you owe at the IRS Direct Pay website
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