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24 February, 11:57

What would happen if you didn't file taxes?

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  1. 24 February, 14:58
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    You would be subject to the failure - to - file penalty, which amounts to 5% of your unpaid tax bill for every month your tax bill remains unpaid after the April deadline, up to a maximum of 25%. In the meantime, IRS will send you several reminders to file.
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