0
What else can I help you with?
When can taxes be extended to?
US federal individual income tax returns may be extended six months, to October 15, using Form 2848 filed no later than the original due date of the return, April 15. The extension is for the filing of the return only, not for the payment of taxes. Taxes are due no later than April 15. Other types of income tax returns have different extension rules.
Will you be penelized for not filing a us tax return?
Yes unless you are due a refund you will be charged penalties, interest and other charges for failing to file the federal income tax return by the due date and also for failing to pay any income taxes by the due date for the income tax return. Alternate answer: Here is what the IRS has to say: "Refund. Even if you do not have to file a tax return, you should file to get a refund if box 2 shows federal income tax withheld or if you can take the earned income credit."
If you are a US citizen and live overseas and did not make any US income what will happen if you do not file your worldwide income?
US citizens are liable for payment of US income tax on all their income, not just their income from US sources. If the IRS audits you, or through other means learns that you have not filed, they will seek to obtain the taxes due and any appropriate interest and fines. However, if you live in a country that also taxes your income in some fashion, there are often off-set provisions through which the IRS credits you for payment of taxes to the other country and only seeks tax payment where the amount due to the US Government exceeds what you actually payed to the other jurisdiction(s).
Do your race have any bearing on your federal income taxes?
Race does not have any bearing on US Federal income taxes.
What type of income taxes were paid by US citizens in early 1800's?
income taxes didn't exist back then.
Do you have to pay taxes in the US on income earned outside the US?
Yes
List and describe four sources of state government revenue?
US State sources of income can be the following four types: 1. State income taxes; 2. Income from sales taxes; 3. Income from real estate taxes; and 4. Inheritance taxes.
Do you include US Savings Bonds as savings or investment income?
Interest income from US Savings Bonds is subject to Federal ordinary income taxes, but not state or local taxes. Please see the related link. ===================================
What are four sources of government revenue?
Federal revenues come from a variety of sources that include payroll taxes and individual income taxes. Other sources of federal revenues are corporate income taxes and excise taxes.
How many US Citizen's do not pay income taxes?
38,000,000
What do large US cororations pay in Federal income taxes?
what do large US corporations pay in Federal income tax
Who created income taxes?
16th amendment to the Constitution In the US, others introduced it elswhere
