If you have a balance due and don't timely file Form 4868, you may be subject to a failure to file penalty if you file your return after April 15 (or after the next business day following April 15, if April 15 falls on a weekend or legal holiday).
Taxpayers in all or parts of Connecticut, Florida, Illinois, Kentucky, Louisiana, Minnesota, Missouri, New York, Pennsylvania, Puerto Rico, South Dakota, Texas, Vermont, Virgin Islands and Washington state have until Feb. 3, 2025, to file their 2023 tax year returns.
The Failure to File penalty is 5% of the unpaid taxes for each month or part of a month that a tax return is late. The penalty won't exceed 25% of your unpaid taxes.
Taxpayers sometimes fail to file a tax return and claim a refund for these credits and others for which they may be eligible. There's no penalty for filing after the April 15 deadline if a refund is due. However, taxpayers due a refund should still consider filing as soon as possible.
You are required to submit Forms 1099-K issued to a payee with an Illinois address electronically if: you are required by the IRS to electronically file Forms 1099-K; or. the payee has four or more separate transactions, and the cumulative total exceeds $1,000.
As an Illinois part-year resident, you are required to file an Illinois return if: You earned income from any source while you were a resident. You earned income from Illinois sources while you were not a resident, or. You want a refund of any Illinois income tax withheld.
The minimum amount (or threshold) of income requiring you to file a federal tax return.
Freshman Term of EnrollmentPriority DeadlineFinal Document Deadline for Enrollment Summer (May/June) August 1-November 1 July 15 Fall (August) August 1 – November 1 July 15 Spring (January) April 1 – August 1 January 8
Your financial aid responsibilities include Completing the FAFSA application before the November 15th preferential filing deadline and the summer application if you will be attending summer school every year. Creating a budget and monitoring your expenses throughout the academic year.
Freshman Term of EnrollmentPriority DeadlineApplication Deadline Summer (May/June) August 1-November 1 April 1 Fall (August) August 1 – November 1 April 1 Spring (January) April 1 – August 1 November 1