This package is only applicable to simple individuals/families with only W-2. If you declare as a family and your spouse is not in the same state as you, this package is not applicable. If your spouse and you do not work/live in the same state and the tax situation is complicated, please consult customer service to develop a tax filing plan before placing an order.
This year’s tax filing deadline is April 15, 2025, after which you can still file a tax return, claim a refund or pay tax owed. However, please note that late filing may result in penalties and interest if you hadn’t filed an extension for your 2024 taxes and pay any taxes you may owe by April 15, 2025. The amount of the penalties and/or interest will be calculated and levied by the tax department after they accept your tax return. The calculation and the payment of penalties and interest are not included in Tax Panda’s tax return services.
According to the IRS website, these penalties or interest are accrued monthly and range from 0.5% to 5% of the unpaid tax amount per month. Taxpayer should pay off the amount as soon as possible after receiving the notice from the IRS and state tax department.
Each state may also impose similar penalties and interest. Please refer to your state tax department for details as each state has different requirements.
