Instructions For 1040ez - 2016 Page 26
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46An automatic 6-month extension to file doesn't extend
Go through the three steps in the instructions for lines
the time to pay your tax. If you do not pay your tax by
!
8a and 8b, if you thought you could take the EIC? If you
the original due date of your return, you will owe inter-
could take the EIC, did you take special care to use the
CAUTION
est on the unpaid tax and may owe penalties. See Form 4868.
proper filing status column in the EIC Table?
Check your math, especially when figuring your taxable
If you make a payment with your extension request, see the
income, federal income tax withheld, earned income
instructions for line 9 in Section 3, earlier.
credit, total payments, and your refund or amount you
owe?
What if You File or Pay Late?
Check one or both boxes on line 5 if you (or your
We can charge you interest and penalties on the amount you
spouse) can be claimed as a dependent on someone's
owe.
(such as your parents') 2016 return? Did you check the
box even if that person chooses not to claim you (or
Interest. We will charge you interest on taxes not paid by their
your spouse)? Did you leave the boxes blank if no one
due date, even if an extension of time to file is granted. We will
can claim you (or your spouse) as a dependent?
also charge you interest on penalties imposed for failure to file,
negligence, fraud, substantial valuation misstatements, substan-
Enter an amount on line 5? If you checked any of the
boxes, did you use the worksheet on the back of Form
tial understatements of tax, and reportable transaction under-
1040EZ to figure the amount to enter? If you did not
statements. Interest is charged on the penalty from the due date
check any of the boxes, did you enter $10,350 if single;
of the return (including extensions).
$20,700 if married filing jointly?
Sign and date Form 1040EZ and enter your
Penalties
occupation(s)?
Late filing. If you do not file your return by the due date (includ-
Include your apartment number in your address if you
ing extensions), the penalty is usually 5% of the amount due for
live in an apartment?
each month or part of a month your return is late, unless you
Attach your Form(s) W-2 to the left margin of Form
have a reasonable explanation. If you do, include it with your re-
1040EZ?
turn. The penalty can be as much as 25% of the tax due. The
Include all the required information on your payment if
penalty is 15% per month, up to a maximum of 75%, if the failure
you owe tax and are paying by check or money order?
to file is fraudulent. If your return is more than 60 days late, the
See the instructions for line 14 in Section 3, earlier.
minimum penalty will be $205 or the amount of any tax you owe,
File only one original return for the same year, even if
whichever is smaller.
you have not gotten your refund or have not heard from
Late payment of tax. If you pay your taxes late, the penalty is
the IRS since you filed? Filing more than one original
usually
of 1% of the unpaid amount for each month or part of a
1
return for the same year or sending in more than one
2
month the tax isn't paid. The penalty can be as much as 25% of
copy of the same return (unless we ask you to do so)
the unpaid amount. It applies to any unpaid tax on the return.
could delay your refund.
This penalty is in addition to interest charges on late payments.
Frivolous return. In addition to any other penalties, there is a
penalty of $5,000 for filing a frivolous return. A frivolous return is
Filing the Return
one that doesn't contain information needed to figure the correct
Due Date
tax or shows a substantially incorrect tax because you take a
frivolous position or desire to delay or interfere with the tax laws.
File Form 1040EZ by April 18, 2017. The due date is April 18,
This includes altering or striking out the preprinted language
instead of April 15, because April 15 is a Saturday and April 17 is
above the space where you sign. For a list of positions identified
the Emancipation Day holiday in the District of Columbia (which
as frivolous, see Notice 2010-33, which is on page 609 of Inter-
changes your filing deadline even if you do not live in the District
nal Revenue Bulletin 2010-17 at
IRS.gov/pub/irs-irbs/
of Columbia). If you file after this date, you may have to pay in-
irb10-17.pdf.
terest and penalties, discussed later in this Section 4.
Are there other penalties? Yes. There are penalties for negli-
If you were serving in, or in support of, the U.S. Armed Forces
gence, substantial understatement of tax, reportable transaction
in a designated combat zone or a contingency operation, you
understatements, filing an erroneous refund claim, and fraud.
may be able to file later. See Pub. 3 for details.
Criminal penalties may be imposed for willful failure to file, tax
What if You Cannot File on Time?
evasion, making a false statement, or identity theft. See Pub. 17
for details.
You can get an automatic 6-month extension to file your return if,
Where Do You File?
no later than the date your return is due, you file Form 4868. For
details, see Form 4868. Instead of filing Form 4868, you can ap-
If you e-file your return, there is no need to mail it. However, if
ply for an automatic extension by making an electronic payment
you choose to mail it, filing instructions and addresses are at the
by the due date of your return.
end of these instructions.
Private delivery services. If you choose to mail your return,
you can use only the following IRS-designated private delivery
-26-
Instructions for Form 1040EZ
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