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    dilart's Avatar
    dilart Posts: 1, Reputation: 1
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    #1

    Apr 11, 2014, 08:25 AM
    What is the penalty for not filing IRS on time
    Late IRS filing penalty
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 11, 2014, 04:06 PM
    If you are due a refund, there is NO penalty, because the penalty is calculated as a percentage of the tax owed.

    If you are due a refund, all of the taxes have been paid; hence, NO PENALTY.
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