INDIANA – The deadline to file your individual state income taxes is April 18.
Is that going to be enough time? If not, don’t panic. You can request an extension of time to file.
However, if you don’t file or pay taxes owed, costly fees and penalties will be assessed.
Failure to pay tax: 10% of the unpaid tax liability or $5, whichever is greater
Failure to file a tax return, preparation by DOR: 20% penalty
Failure to file a tax return, fraudulent intent to evade tax: 100% penalty
Faulty payment (e.g., bad check): $35 flat fee and, if fraudulent, a 100% penalty in the amount DOR was unable to obtain
Failure to file information return: $10 penalty for each failure to timely file, up to $25,000 per calendar year
Failure to file a return for a listed tax that shows no tax liability for a taxable year, other than an information return: $10 per day past the due date, up to $250
Failure to file a return where no remittance is due: $10 per day past the due date, up to $500
Underpayment of estimated tax: 10% of the underpayment for that period
