I missed the deadline to file, how big is the penalty?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Missing a filing deadline can lead to different outcomes depending on the type of return, whether any tax was owed, and how long the return stayed unfiled. In many cases, the penalty framework also changes if there was a valid extension, if payments were made separately from the filing, or if the IR For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.