From your description, you may have met one of the exceptions to a penalty

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Mar 17, 2020
12:48:17pm

dratax All-American

Especially of you had paid in more than the prior year's tax. Talk to your tax advisor.

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dratax

Bio page: dratax
Joined: Mar 31, 2004
Last login: Jun 1, 2024
Total posts: 8,596 (19 FO)

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Messages

Author

Time

What was the purpose of postponing the tax filing deadline? What problem does it solve?

supertux Who?

3/17/20 12:09pm

Appeasing the masses with token gestures

Indy Coug

3/17/20 12:10pm

Well, some people will owe taxes, so I guess that eases their burden

buffgato

3/17/20 12:10pm

Solves a liquidity problem many individuals and businesses have currently

cougarfann888

3/17/20 12:10pm

Have you run a small business before?

kotacoug

3/17/20 12:12pm

Yeah, but not during a recession. I see your point.

supertux

3/17/20 12:13pm

Payment, not filing, has been extended 90 days

dratax

3/17/20 12:14pm

Well, I prepare taxes and it's hard to do that when I can't meet with my clients

Blue Print

3/17/20 12:14pm

I owe at filing every year because of a family partnership. I have no idea what

Hoopster

3/17/20 12:24pm

From your description, you may have met one of the exceptions to a penalty

dratax

3/17/20 12:48pm

I appealed the penalty to the state (I paid the interest) and they denied my

Hoopster

3/17/20 12:52pm

What state?

dratax

3/17/20 2:54pm

Utah - Of course they're also one of 13 states to tax SS income. When I retire

Hoopster

3/17/20 5:58pm

I’ll owe so this is great. Keep my money longer

Hank Rearden

3/17/20 12:25pm

I have a very significant chunk due and I have the money for it. BUT I'm also

BYUfan92

3/17/20 12:54pm

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