It’s crucial to understand that you still have time to file your tax returns for the 2015 tax year if you neglected to do so. Taxpayers have up to three years after the first due date to file their tax returns, according to the Internal Revenue Service (IRS). This indicates that the due date for submitting your 2015 tax return was April 18, 2016. Therefore, the deadline for submitting your 2015 tax return is April 18, 2019. However, if you owe taxes for that year and failed to file by the deadline, you can be charged fines and interest. Who is Required to File the Ohio IT NRS Form?
To submit nonresident seller’s tax on sales of tangible personal property or taxable services in Ohio, utilize form IT NRS. You must submit Ohio form IT NRS if you are a nonresident seller who made transactions in Ohio in 2015. If you do not have a permanent place of business in Ohio and are exempt from paying Ohio income tax, you are regarded as a nonresident seller. Your Ohio income tax return is due on April 18, 2016, which is also the deadline for filing Ohio form IT NRS for the 2015 tax year.
Is There a Form for State Income Tax Withholding in Ohio? Yes, Ohio provides a form for withholding state income taxes. If you are a business with workers in Ohio, you must deduct Ohio state income tax from their paychecks. The Ohio IT 4 form is the name of the state income tax withholding form used in Ohio. The completed Ohio IT 4 form must be given to your staff members, and a copy must be sent to the Ohio Department of Taxation. Your Ohio income tax return is due on April 18, 2016, which is also the deadline for filing Ohio IT 4 form for the 2015 tax year.
You can be charged fines and interest on any unpaid taxes if you failed to file your 2015 tax return. For each month or portion of a month that the tax return is late, up to a maximum of 25%, the penalty is typically 5% of the outstanding taxes. In addition, from the return’s initial due date to the date of payment, interest is assessed on any unpaid taxes. There is no penalty for filing a return late if you are entitled to a refund.
No, you cannot electronically file your 2015 tax return in 2021. Only the current tax year and the two prior tax years’ returns may be submitted electronically to the IRS. As a result, you can only submit your tax returns electronically for the years 2019 through 2021. You must print the tax forms and mail them to the IRS in order to file your 2015 tax return. On the IRS website, you may locate the required forms and instructions.
Finally, you still have until April 18, 2019, to file your 2015 tax return in order to avoid penalties and interest costs. The deadline for filing Ohio forms IT NRS or IT 4 is the same as the deadline for filing your Ohio income tax return. You can be charged fines and interest on any taxes owed if you failed to file your 2015 taxes. The IRS website contains the appropriate paperwork and instructions, but you cannot electronically file your 2015 tax return in 2021.
In order to collect on unfiled tax returns, the IRS normally looks back six years. However, there is no deadline if a return was never filed if the IRS suspects fraud.