The traditional penalty for not filing taxes by the deadline is 5 percent of the tax due for each month the return is late.
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IRS Tax Season Extension: What should you do to ask for it?Alternatively, you can complete and submit IRS Form 4868, which grants a six-month extension to file your tax return.
Tax filing deadlines can sneak up on you. Find out everything you need to know about when taxes are due this year.
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