How to file taxes after October 15 reddit?
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If you missed the October 15 extended tax deadline, you must still file your return as soon as possible to minimize penalties. The process involves preparing your return and submitting it, even though the deadline has passed.
Can I still file my taxes after October 15th?
October 15 is the final extended tax deadline to file your return if you requested an extension with Form 4868. If you miss the October extended tax filing deadline, you'll have failure-to-file penalties and, potentially, failure-to-pay penalties if you still owe taxes.
What happens if I do a late tax return?
In addition to a fine, the ATO can also apply General Interest Charges (GIC), on any amount still owing. Note: The rate for GIC changes quarterly. At the time of writing this article, the rate is 10.61% per annum (October – December 2025).
How long after processing date will I get my refund on Reddit?
Normally, it's between 10 and 21 days to get your Federal tax refund from the IRS, unless it's a prior year Federal Income Tax Return.
How long does the Finanzamt take?
Those who filed their tax returns receive a tax assessment notice (Steuerbescheid) from the tax office (Finanzamt) about six to eight weeks after submitting thier tax return (this can vary based on deadlines and workloads).
Do NOT file all of your old tax returns | TCC
What is the penalty for filing taxes late in Germany?
Lateness Penalty Fees for overdue Tax Returns
The late charge (Verspätungszuschlag) amounts to 0.25% of the income tax to be paid and at least 25 euros per month! If you still do not complete your tax return, the Tax Office can, in addition, apply penalty payments (Zwangsgeld) as a punishment.
What is the 183 day rule in Germany?
According to this rule, if an individual spends more than 183 days in a calendar year in Germany, they may be considered a tax resident and subject to German taxation on their worldwide income. Period Calculation: The 183 days can be cumulative and do not need to be consecutive.
What if my tax return is still being processed after 21 days?
Most federal tax refunds are issued within 21 days, but some may take longer if the return requires additional review. Once the IRS has accepted your return, TurboTax can't provide updates on where your refund is at. If your federal refund is late, follow these steps: Check the IRS Where's My Refund?
Is there a way to speed up my refund?
Combining direct deposit with electronic filing is the fastest way to receive your refund. There's no chance of it going uncashed, getting lost, stolen, or destroyed. The IRS issues more than nine out of ten refunds in less than 21 days.
Will a tax preparer speed up my refund?
As a tax preparer, you can help guide your clients through smooth, fast filing and offer solutions that put money in their pockets as quickly as possible. Early filing and accurate returns are the key to fast tax refunds.
Is it okay if I file taxes late?
You might have to pay IRS penalties and interest if you file your federal income tax return after the April deadline, your due date isn't extended, and you end up with a tax bill. First, the IRS charges a 5% penalty per month on any tax due if your return is filed late. The penalty is capped at 25% of the tax owed.
What triggers an IRS audit?
Not reporting all of your income is an easy-to-avoid red flag that can lead to an audit. Taking excessive business tax deductions and mixing business and personal expenses can lead to an audit. The IRS mostly audits tax returns of those earning more than $200,000 and corporations with more than $10 million in assets.
What happens if I file my income tax return late?
Penalty for Late Filing of ITR for FY 2024-25 (AY 2025-26) The last date to file your Income Tax Return (ITR) for Financial Year 2024–25 (Assessment Year 2025–26) is 16 September 2025. If you miss this deadline, a late filing fee of Rs. 5,000 will apply.
Can you file on TurboTax after October 15?
Yes, if you missed the October 15 tax extension deadline, you have until October 31 to file your return online in TurboTax, but it may be subject to late filing fees. After October 31, you can't start, finish, or e-file new returns in TurboTax Online.
Can I get an extension if I live abroad?
Americans living overseas receive an automatic two-month extension to file their Federal Tax Return. This moves the expat tax deadline to June 15. If necessary, you can request a further extension to October 15 or December 15.
What is the $600 rule in the IRS?
In 2021, Congress lowered the threshold for reporting income on payment apps from $20,000 and 200 transactions annually to $600 for a single transaction. Implementation is being phased in over three years.
How to get an immediate tax refund?
You can receive either credit card refund, including Alipay and WeChat Pay, or immediate cash refund at tax refund booths in major city downtowns. To receive tax refund at a downtown refund booth, present your purchased goods, VAT refund receipt, passport, and international credit card.
What is the $1000 instant tax deduction?
What it really is, is a tax deduction you can claim instead of your actual expenses. The $1000 deduction equates to less than $300 in tax refund dollars for an average Australian worker who clicks to claim this deduction. However, for many people, claiming the $1000 instant deduction could mean a smaller tax refund.
What's the longest a refund can take?
– Receiving a paper refund check in the mail may take longer than choosing direct deposit. Most e-filed returns are processed within 21 days. – Paper-filed returns generally take 6 to 8 weeks for the IRS to process and send your refund.
What factors delay tax refunds?
Why are tax refunds delayed?
- Filing an incomplete tax return. ...
- Computation errors on the tax return. ...
- Social Security Number (SSN) mismatch. ...
- Filing a tax return early or late. ...
- Incorrect direct deposit information. ...
- Filing a paper tax return. ...
- Amending your tax return.
What is the maximum time for refund processing?
The maximum time for a refund request to reflect in a customer's account is usually 7-14 business days, as it depends on the bank used for the payment.
Is 3000 euro a good salary in Germany?
Yes, €3,000 is generally a decent salary in Germany, especially as net income (after tax) for a single person, allowing for a comfortable life outside of extremely expensive cities like Munich, but it's tight for families or in major hubs, while €3,000 gross (before tax) is lower and means less disposable income. The key factors are whether it's brutto (gross) or netto (net), your city, and if you're single or have dependents.
Who pays 42% tax in Germany?
The tax percentage varies depending on income and the type of tax being considered. For 2024, the tax brackets for income tax are: income up to €11,604 per annum = 0% (no tax) €11,605 to €66,760 = 14% to 42% (progressive rate)
Is the tax extension after October 15?
Can I extend My Filing Deadline Twice? No, you can't extend your tax deadline past the extended deadline (usually October 15—see this year's deadline here). Once that date has past, failure-to-file penalties will begin to add up until you file your tax return.