Instructions For Extensions Of Time For Filing Returns - Georgia Income Tax Division

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INSTRUCTIONS
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Extensions o ftimeforfilingreturnsmaybegrantedincasesofsickness, a bsence, o r otherdisability o rwhenever goodcause
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exists.
Thisformmustbesubmitted induplicate to TheGeorgia Income TaxDivision, P.O.Box740385, Atlanta, G eorgia 30374-0385
onor beforethedateprescribed bylawforfiling the return.Iftheapplication i sacceptable, itwillbestampedapprovedin
Block “B” ofPage1,and(1)COPY r eturnedto theaddressshownin Block “A.
SEPARATE APPLICATIONS
FOREXTENSIONS MUST BESUBMITTED FORHUSBAND A ND WIFE ifseparatereturns
are to be filed.
ONECOPY OFAPPROVED EXTENSION M UST BEAnACHED TOCOMPLETED
RETURN A TTIME OFFILING.
NOAPPLICATIONS
FOREXTENSIONS WILL BEACCEPTED BY TELEPHONE. Listsare notacceptable. A pplications m ust
be madeonthisform.Pleaseexplainwhyitwas notnecessary to requestan extensionoftimeto fileyourFederalReturn.
ADDITIONAL
EXTENSIONS,
withinthe sixmonthslimit, w illrequirethefilingofa newapplication i nduplicate, p lusa copyof
firstextension.
CORPORATONS
filing consolidated returnsmustfilea separateapplication f orextension forfilingNetWorthTaxforeach
subsidiary. Corporations notfiling consolidated r eturns mayfileapplication f orextention f orfiling Income TaxReturns a ndNet
WorthTaxReturns on oneform.
INTEREST isdueat rateof 12%peryearfromthedateprescribed by lawforfiling thereturnto the dateofpayment. I nterest
accruesregardless ofan extension granted.
LATE F ILING P ENALTY
forfiling anIncome TaxReturn afterthedateprescribed b ylaw, t hereshallbeduea penalty amounting
to 5%permonthcomputed onthe balanceoftaxdueas shownonthe return.
IO.LATE PAYMENT PENALTY:
Thetax mustbe paidbythestatutoryduedateeventhoughan extension is granted. F ailure to
paythetaxbytheduedatewillresultinthe assessment o fa latepayment p enalty computed at the rateof 1/2of 1%. p er
monthfromthestatutoryduedate.PleaseuseFormIT560.
Forfiling a NetWorth TaxReturn afterdateprescribed bylaw,thereshallbeduea penalty amounting to 10% ofthetaxshown
to bedue.Forfailure to paywithin thetimeprescribed bylaw,thereshallbedueanadditional penalty amounting t o 10% ofthe
taxshownto bedue.
REASONFORREJECTION OF EXTENSION
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Application fortheextension is notsignedbythetaxpayer o r hisdulyauthorized a gent.
Theapplication w asnotinthisoffice or mailed onor beforethedateprescribed bylawforfiling thereturn.
Noreasonwasgivenforrequesting theextension oftime.
Ageneral s tatement o fhardship or inability t o payisnotconsidered g rounds forgranting a formal e xtension oftime.You
shouldfileyourreturnandpaythetaximmediately u ponreceipt o fthisrejection notice, a ndonecopyofthisnotice
shouldbeattached to yourreturn.
Separate applications arerequired foreachtypeoftaxandeachtaxpayer.
Georgia law prohibits the granting of an extension of over six (6),months from the prescribed due date of the return.
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