Originated From
WalletPop

Late 1099-MISC received, already received my return, is an extension required to avoid heavy penalties if owe money

I got a late 1099-MISC form in the mail and already received my return for when I filed in early February 2009 with just my W2's. My question is, should I file for an extension if my amendment will be sent off after the April 15, 2009 deadline? I am trying to avoid the hefty failure-to-file by deadline penalities (.05% interest is much better than 5% interest if I owe the IRS money).

Liked this question? Tell your friends about it

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: Director's pensions self employment tax ...

director's pensions self employment tax treatment. Are non qualified pension plan payments to retired corporate directors subject to self-employment tax?

Asked: Ohio Earned Income Tax Credit

ohio earned income tax credit - history What year did it start in Ohio?

Asked: What is excise tax and regressive tax?

What is excise tax and regressive tax?

More Questions

If you pay rent and the landlord refuses it do you still owe it?

I agree with that Landlord are in business to make money and if they are refusing a rent that you are paying then you should check what is the reason behind it. Also you should contact rental manager company which may help you for that.

I received a 1099misc for items I sent wholesale ...

If you need to prepare 1099-MISC forms, check out Account Ability 1099 software at www.AccountAbilitySoftware.com

If a person receives SSI benefits and the full amount is nontaxable, is a

Well, I've never gotten one. Not like you're livin the good life if you're livin on SSI.

1099misc how to file

There's a line 21 on the 1040 for Miscellaneous income such as game show winnings. If the income is for rents or royalties, those go on Schedule E. If the income is for agricultural workers, it means you didn't have a valid social security number, but you still owe taxes on the income. You have ...