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Q: What happens if you pay your income tax 1 day late?
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What happens if you pay your income tax late?

pay interest but no penalty


If you don't pay rent a center what happens?

They give you one extra week to pay and charge you a late fee per day, if by the end of that week you don't pay they came get the stuff


Do day traders pay state taxes on their earnings?

If the state has income tax, the day traders will pay state income taxes on their earnings.


What happens to you if you pay your taxes a week late?

you'd be charged with late fee, so don't be LATE


What happens if you land on income tax in monopoly?

It depends what rules you play by. Either you pay the income tax to the bank or you pay it to free parking.


What happens if an NFL player is late to practice?

The player has to pay a $500 fine.


When is your mortgage considered late?

if you pay it a day after the due date


Will car insurance premium increase if you pay a premium renewal one day late?

Usually not. However, insurance companies can charge late or reinstatement fees if you pay late.


What happens if incomes rise and demand increases?

we would pay a lot of money in income taxes


What happens if you pay a traffic ticket late in pa?

In most cases, if you pay a traffic ticket late, you will be have to pay an additional penalty. If the ticket is really late, you may have to go to court. Most times, you either pay the ticket or go to the court date that is stated on the traffic ticket.


If you are ordered by the court to pay costs and you cannot what happens to you?

No one can be legally forced to pay money that they don't have, and the custom of debtors prisons was abolished a long time ago. If you do have an income, it is possible that some of that income will be garnished in order to eventually pay the costs that you have been ordered to pay.


Is it voluntary to pay income taxes?

No, it is mandatory. There is a federal income tax, and you are required to pay it when you file your taxes each April. Failure to do so could submit you to an audit from the Internal Revenue Service and you would undoubtedly have to pay late fees and penalties if it turns out you failed to pay your taxes in a timely fashion.