Instructions For Form 1040-A - U.s. Individual Income Tax Return - 2016 Page 82
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92The IRS TACs provide over-the-phone interpreter service in
due for each month or part of a month your return is late, un-
over 170 languages, and the service is available free to taxpay-
less you have a reasonable explanation. If you do, include it
ers.
with your return. The penalty can be as much as 25% of the tax
due. The penalty is 15% per month, up to a maximum of 75%,
if the failure to file is fraudulent. If your return is more than 60
Interest and Penalties
days late, the minimum penalty will be $210 or the amount of
any tax you owe, whichever is smaller.
You don't have to figure the amount of any interest or penalties
Late payment of tax. If you pay your taxes late, the penalty is
you may owe. Because figuring these amounts can be compli-
usually
of 1% of the unpaid amount for each month or part of
1 2
cated, we will do it for you if you want. We will send you a bill
a month the tax isn't paid. The penalty can be as much as 25%
for any amount due.
of the unpaid amount. It applies to any unpaid tax on the return.
This penalty is in addition to interest charges on late payments.
If you include interest or penalties (other than the estimated
tax penalty) with your payment, identify and enter the amount
Frivolous return. In addition to any other penalties, the law
in the bottom margin of Form 1040A, page 2. Don't include in-
imposes a penalty of $5,000 for filing a frivolous return. A
terest or penalties (other than the estimated tax penalty) in the
frivolous return is one that doesn't contain information needed
amount you owe on line 50.
to figure the correct tax or shows a substantially incorrect tax
Interest
because you take a frivolous position or desire to delay or in-
terfere with the tax laws. This includes altering or striking out
We will charge you interest on taxes not paid by their due date,
the preprinted language above the space where you sign. For a
even if an extension of time to file is granted. We also will
list of positions identified as frivolous, see Notice 2010-33,
charge you interest on penalties imposed for failure to file, neg-
2010-17 I.R.B. 609, available at
ligence, fraud, substantial valuation misstatements, substantial
IRS.gov/irb/2010-17_IRB/ar13.html.
understatements of tax, and reportable transaction understate-
Other. Other penalties can be imposed for negligence, sub-
ments. Interest is charged on the penalty from the due date of
stantial understatement of tax, reportable transaction under-
the return (including extensions).
statements, filing an erroneous refund claim, and fraud. Crimi-
Penalties
nal penalties may be imposed for willful failure to file, tax
evasion, or making a false statement, or identity theft. See Pub.
Late filing. If you don't file your return by the due date (in-
17 for details on some of these penalties.
cluding extensions), the penalty is usually 5% of the amount
-82-
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