Didn't file your 2013 taxes by April 15, 2014? No worries, we'll let you in on an industry secret – if you're getting a refund, you can file for up to 3 years with no late fees or penalties! If you owe, your penalties are racking up so file your return as soon as possible to stop the clock on them. Either way, it's not too late to file your 2013 taxes. Read more about your specific situation below.
If you need to do your 2014 taxes (typically filed by April 15, 2015), click here to file your 2014 taxes with Common Form.
If you're getting a refund on your 2013 return:
- You can file through April 15, 2017 (October 15, 2017 with an extension) with no late fees or penalties.
- If you don't file by 2017, you forfeit your refund.
- Common Form doesn't support prior year taxes, so we recommend our friends over at TaxAct if you still need to file your 2013 taxes.
If you owe additional 2013 taxes:
- There is no penalty if you filed an extension and paid 90% or more of taxes owed by April 15, 2014 as long as you file your return by October 15, 2014.
- A late filing penalty applies if you owe taxes and didn't file your return or an extension by April 15, 2014.
- The late filing penalty is 5% of the additional taxes owed amount for every month (or fraction thereof) your return is late, up to a maximum of 25%.
- The late filing penalty is 10 times higher than the late payment penalty. If you can't pay your tax bill and didn't file an extension, at least file your return as soon as possible! You can always amend it later.
- A late payment penalty applies if you didn't pay 90% or more of taxes owed by April 15, 2014, whether you filed an extension or not.
- The late payment penalty is 0.5% (1/2 of 1 percent) of the additional tax owed amount for every month (or fraction thereof) the owed tax remains unpaid, up to a maximum of 25%.
If you're not sure if you owe or are getting a refund in 2013:
- If there's a chance you owe, the penalties are racking up, so don't wait another day.
- Download TaxAct's 2013 product and file today.