While the federal income tax deadline is three weeks from today, there’s another tax deadline that same day which could mean a lot of money for a few thousand Nebraskans.
Those who didn’t file a tax return in 2010 have until April 15th to do so, according to IRS spokesman Michael Devine. He says most people who didn’t file have nothing to fear.
“Just because you didn’t file a return doesn’t mean you’re in trouble,” Devine says. “There’s no penalties involved with filing a return late if you’re due a refund. All the penalties and interest come into play if you owe more money.”
He says there are many reasons someone might not file a return — and they aren’t breaking the law.
“Let’s say in 2010 you were single and you made less than $9,000,” Devine says. “There’s no requirement for you to file. If you were married and both of you were over 65, the cutoff was $20,900 to be required to file a tax return.”
Devine says people who are owed refunds have violated no laws whey they fail to file a return, but those wanting the refunds from 2010 do have to file by April 15th.
For more information, visit www.irs.gov or call 1-800-TAX-1040.