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How to avoid penalties on an amended form?

Customer Question
I have an extension for...
I have an extension for my taxes for 2015 - 10/17/2016. The pension I received for 2015 I did not get a form and when I called them they said it would be Thursday the 20th. What can I do to keep from getting slammed with a late filing penalty? The reason for the extension was the accidental .omission of 2014 Social Security Benefits because the file was not saved after the money was entered. This has been resolved.
Submitted: 1 year ago.Category: Tax
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Answered in 29 minutes by:
10/14/2016
Tax Professional: Barbara, Enrolled Agent replied 1 year ago
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 4,024
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.
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If you are expecting a refund, it does not matter when you file and there will not be a late filing penalty.
If you anticipate that you will have a tax liability, file your tax return with the information you have by Monday, 10/17. Once you receive the missing document from your pension, you can then file an amended return to include that information.
Please let me know if I can assist you further.
Thank you and best regards,
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Barbara
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 4,024
4,024 Satisfied Customers
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.

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