Bill Steiner Quotes
In order to receive a refund, your tax return must be filed within three years of its due date. And if you file a return, and later realize you made an error on the return (and are owed money), the deadline for claiming any refund due is three years after the return was filed, or two years after the tax was paid, whichever expires later.
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If taxes are owed, a delay in filing may result in penalty and interest charges that could increase your tax bill by 25 percent or more.
- Bill Steiner
