What happens if you fail to pay your annual taxes?
Ayou will simply have to pay some penalty fees
Byou can file your return the next year
Cyou will have to pay penalty fees or face imprisonment, depending on the severity of nonpayment
Dyou will have to pay twice the amount of taxes the next year
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Home » Business » What happens if you fail to pay your annual taxes? Ayou will simply have to pay some penalty fees Byou can file your return the next year Cyou will have to pay penalty fees or face imprisonment, depending on the severity of nonpayment Dyou will have