Catherine Posted March 13, 2009 Report Share Posted March 13, 2009 Hi all -- Didn't they change the due dates for Partnership returns to 3/15 this year, so that folks could then get their K-1's in time to do their individual returns? If so, then why is ATX trying to tell me that this partnership return I just finished isn't due until 4/15? Or have I just gone completely round the twist? (Always possible.) TIA, Catherine Quote Link to comment Share on other sites More sharing options...
RoyDaleOne Posted March 13, 2009 Report Share Posted March 13, 2009 I think the extension was shorten to 9/15/09. Quote Link to comment Share on other sites More sharing options...
mcb39 Posted March 13, 2009 Report Share Posted March 13, 2009 Hi all -- Didn't they change the due dates for Partnership returns to 3/15 this year, so that folks could then get their K-1's in time to do their individual returns? If so, then why is ATX trying to tell me that this partnership return I just finished isn't due until 4/15? Or have I just gone completely round the twist? (Always possible.) TIA, Catherine Don't scare me like that!!!!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 13, 2009 Author Report Share Posted March 13, 2009 I think the extension was shorten to 9/15/09. OK; extensions only. That makes me feel better. So I was right _and_ I was wrong. Not for the first time! Catherine Quote Link to comment Share on other sites More sharing options...
Lion EA Posted March 13, 2009 Report Share Posted March 13, 2009 Did you hear that huge intake of breath as all preparers suddenly turned to their stacks of unfinished partnership returns?! Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 13, 2009 Author Report Share Posted March 13, 2009 Did you hear that huge intake of breath as all preparers suddenly turned to their stacks of unfinished partnership returns?! I didn't mean to terrify/horrify people.... I was just really confused all of a sudden. Sorry for the scare, folks. Trying to work through a combination nap attack/headache today, and not thinking clearly. :( Quote Link to comment Share on other sites More sharing options...
Karen Lee Posted March 13, 2009 Report Share Posted March 13, 2009 I thought the same thing. Have been beating up my partnerships. Now I am trying to figure out when and where I heard/read that information. Well at least I have a jump start on the partnerships. Back to corporations...should be able to get a couple out of here by Monday. Thanks for bringing it up Catherine Karen Quote Link to comment Share on other sites More sharing options...
RoyDaleOne Posted March 13, 2009 Report Share Posted March 13, 2009 See Part I Form 7004 5 month extension Quote Link to comment Share on other sites More sharing options...
OldJack Posted March 13, 2009 Report Share Posted March 13, 2009 And its S-corps that are due 3/15... that now has a flat penalty if you don't file for an extension. Fail to file penalty of $85 per month per shareholder (max of 12 months) IRC§6699. Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 13, 2009 Author Report Share Posted March 13, 2009 I thought the same thing. Have been beating up my partnerships. Now I am trying to figure out when and where I heard/read that information. Well at least I have a jump start on the partnerships. Back to corporations...should be able to get a couple out of here by Monday. Thanks for bringing it up Catherine Karen They made such a big stink about the due changing to match the corporation due dates so that folks would get their K-1's in time to file individual returns. I guess the detail about that only applying to extensions was the piece I missed. Catherine Quote Link to comment Share on other sites More sharing options...
SunTaxMan Posted March 13, 2009 Report Share Posted March 13, 2009 Some changes made by IRS are good..... Always was April 15 was the dealine for filing personal income tax returns - even 16 or 17, if 15 was on a holiday or weekend. Starting this year, taxes are not due until you are nominated for a Cabinet position. Quote Link to comment Share on other sites More sharing options...
TAXBILLY Posted March 13, 2009 Report Share Posted March 13, 2009 A long, long, long time ago March 15th was the due date for individual returns. taxbilly Quote Link to comment Share on other sites More sharing options...
OldJack Posted March 14, 2009 Report Share Posted March 14, 2009 A long, long, long time ago March 15th was the due date for individual returns. taxbilly Oh, I remember doing the tax return for 1863. It was really complicated back then. Here is the 1863 law as it relates to the due date: >>By the sixth section of the Act of July 1, 1863, it is made the duty of any person liable to the income tax, on or before the first Monday of May in each year, to make a list or return of the amount of his annual income to the assistant assessor of the district in which he or she resides.<< Attached is the blank 1863 tax form that I still keep just in case I need to make an amendment or for some non-filer.f1040_1864.pdf Quote Link to comment Share on other sites More sharing options...
JohnH Posted March 14, 2009 Report Share Posted March 14, 2009 Some changes made by IRS are good..... Always was April 15 was the dealine for filing personal income tax returns - even 16 or 17, if 15 was on a holiday or weekend. Starting this year, taxes are not due until you are nominated for a Cabinet position. I love it! Another option would be to at least give us until Tax Freedom Day - that's the first day of the year you begin earning money for yourself. Up until that point everything you've earned goes to pay your cumulative tax burden for the year. Depending upon what state you live in, that date can be as late as May 7 or 8. Of course, if you move to Sweden or Norway, it doesn't arrive until the end of July. I hope we aren't headed in that direction in the US. Quote Link to comment Share on other sites More sharing options...
Gail in Virginia Posted March 16, 2009 Report Share Posted March 16, 2009 Oh, I remember doing the tax return for 1863. It was really complicated back then. Here is the 1863 law as it relates to the due date: >>By the sixth section of the Act of July 1, 1863, it is made the duty of any person liable to the income tax, on or before the first Monday of May in each year, to make a list or return of the amount of his annual income to the assistant assessor of the district in which he or she resides.<< Attached is the blank 1863 tax form that I still keep just in case I need to make an amendment or for some non-filer. OldJack, you must be older than I thought! :P Quote Link to comment Share on other sites More sharing options...
mcb39 Posted March 16, 2009 Report Share Posted March 16, 2009 OldJack, you must be older than I thought! Remember; a lot of us are "Older than Dirt!" I feel especially so today. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.