If You Cannot Meet the Deadline for Filing Your Return

question 86

Multiple Choice

If you cannot meet the deadline for filing your return,

• A)the IRS will level a penalty,regardless of whether you file an application for a time extension.
• B)the IRS will grant you an automatic extension if you file an application.You will be able to file a late return and late payment of taxes without penalty.However,you may owe interest on the late tax payments.
• C)the IRS will grant you an automatic extension if you file for an extension.However,you will be penalized if you have not paid your taxes by the filing date.
• D)you need only to file for an automatic extension and delay paying your taxes until you actually file your return.

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