5 Unusual Types of Income to Include on Your Taxes
Not sure how to file certain types of income on your taxes? Wondering if you even need to mention it? Read on!
ReadAs long as your return is time stamped on the due date, it will be considered on time.
On the other hand, if you owe a tax bill and file even one day after the deadline, you’ll have the failure-to-file and failure-to pay penalties added to your bill. That’s 5% interest on your taxes added each month your return isn’t filed, so it’s always best to file on time or as soon as possible.
If you file after the deadline but don’t owe any taxes, you won’t have any penalties or fees applied, but you also won’t get any refund you may qualify for until you file.
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