If my withholding tax due date was September 16, 2008, do I receive an extended period of time in which to file?
Yes.The Hurricane Ike extension allowed withholding tax returns due September 11, 2008 through September 26, 2008, until September 26, 2008 to file the tax return. See Revenue Information Bulletin No. 08-030. Returns filed after the September 26, 2008, will be assessed the five percent per month delinquent filing penalty from the original due date of the return until the date the return was filed. In addition to the delinquent filing penalties, interest will be assessed on any taxes due from the due date of the payment until the date payment is made. Although delinquent filing and delinquent payment penalties will not be assessed for the same period of time, once the return is filed, delinquent payment penalty may be assessed if the amount due is not paid. The combined delinquent filing and delinquent payment penalties may not exceed 25 percent of the tax due.
No. The Hurricane Gustav extension allowed withholding tax returns due September 1, 2008 through September 16, 2008, until September 16, 2008 to file the tax return. See Revenue Information Bulletin No. 08-025. Returns filed after the September 16, 2008, will be assessed the five percent per month delinquent filing penalty from the original due date of the return until the date the return was filed. In addition to the delinquent filing penalties, interest will be assessed on any taxes due from the due date of the payment until the date payment is made. Although delinquent filing and delinquent payment penalties will not be assessed for the same period of time, once the return is filed, delinquent payment penalty may be assessed if the amount due is not paid. The combined delinquent filing and delinquent payment penalties may not exceed 25 percent of the tax due.
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