DUE DATE: 15-Apr
WHO IT APPLIES TO:
1. Individal Taxpayers - US Persons
PENALTIES: The late filing penalty is 5% of the additional taxes owed amount for every month (or fraction thereof) your return is late, up to a maximum of 25%. f you file more than 60 days after the due date, the minimum penalty is $135 or 100% of your unpaid tax, whichever is smaller.