Quote:
|
Originally Posted by macsmith230
In the past I've had a hard time remembering to pay my taxes. Well, my state taxes. Last year the state of Massachusetts caught up with me and made me pay, along with a nice little fee for being late. Well, there's another state that hasn't caught up with me yet and I just did my 2000 taxes that show I owe that state about $100.
I'm ready to send in my check, and prepared to pay any late fees/penalties, but today a friend told me that she just read an article stating that if you file your taxes late but file them before the state comes after you then they won't charge you any penalties. I don't think that sounds right. Anybody have any specific knowledge about this?
|
Penalties are not calculated based on whether the state "catches" you first.
However, you could throw yourself at the mercy of the revenue agent, give them a sob story, and hope they reduce or eliminate them.
Oh, BTW, you'll also have interest accrued on those as well. Good luck.