Skip to main content
Level 3
December 6, 2022
Question

Filing TP 2021 1040X & CA540X, for income not reported. Owe $66/$28. Efile closed, so better to paper file, or wait for e-filing to reopen? Will penalties increase? TIA

  • December 6, 2022
  • 2 replies
  • 11 views
Similar question for a TP who is filing an original 1021 1040/540 with amounts due of $722 federal/$1429 state. Paper or efile? If wait until efile--Pay now?
Thanks
This topic has been closed for replies.

2 replies

IRonMaN
Level 15
December 6, 2022

You aren't talking humongous dollars with either return.  Personally, I would paper file just to get the returns out of my hair.

Slava Ukraini!
Intuit Community Champion
December 6, 2022

Efile or paper amended returns probable take same amount of time. If you wait for efile interest and penalties will increase slightly, but either way not much, as @IRonMaN   said not a humongous amount