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To: arl295
Doesn't the penalty only take affect if you get a refund?

I thought that you could avoid the penalty by making sure you don't get a refund.

4 posted on 10/26/2016 9:19:14 PM PDT by The Iceman Cometh (It's Trump Or Nuclear Winter)
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To: The Iceman Cometh

its been reported that many Americans are just skipping the line on their taxes


7 posted on 10/26/2016 9:22:13 PM PDT by arl295
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To: The Iceman Cometh

But if you look it up they can still add in penalties and interest for any amount that you owe past tax filing time. If you ever are due a refund then they will get you for all of that. I can’t remember how it works exactly, but you still get penalized in the end.


22 posted on 10/26/2016 9:51:50 PM PDT by Revel
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