Our club is discussing disbanding this year. Is there a
cutoff month that we'd have to file the partial year return?
If we disband in October or November can we wait to file at
the normal time? Thanks for your help...
Laurie Frederiksen on
Here are the instructions you need to follow to disband your club correctly:
Our club is discussing disbanding this year. Is there a
cutoff month that we'd have to file the partial year return?
If we disband in October or November can we wait to file at
the normal time? Thanks for your help...
Joy Russell on
Your tax is due 90 days after the date the club was disbanded. Our club disbanded early last year 2016 and we waited to file the regular time. Couple months later we got a bill from the lRS for over $8,000. They charged an amount for each member. However we called them and because this was our first late filing they forgave the world amount.
Our club is discussing disbanding this year. Is there a
cutoff month that we'd have to file the partial year return?
If we disband in October or November can we wait to file at
the normal time? Thanks for your help...
Laurie Frederiksen on
Actually that has changed. It is due on the 15th day of the 3rd month following your month of termination.
That could now easily be less than 90 days.
Laurie Frederiksen Invest with your friends! www.bivio.com
Your tax is due 90 days after the date the club was disbanded. Our club disbanded early last year 2016 and we waited to file the regular time. Couple months later we got a bill from the lRS for over $8,000. They charged an amount for each member. However we called them and because this was our first late filing they forgave the world amount.
Our club is discussing disbanding this year. Is there a
cutoff month that we'd have to file the partial year return?
If we disband in October or November can we wait to file at
the normal time? Thanks for your help...
SUE J MUELLER on
So if we disband in October our return is due January 15? Or could we then just wait for the 1099 and file at the regular time March 15?
On July 10, 2017 at 4:13 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
Actually that has changed. It is due on the 15th day of the 3rd month following your month of termination.
That could now easily be less than 90 days.
Laurie Frederiksen Invest with your friends! www.bivio.com
Your tax is due 90 days after the date the club was disbanded. Our club disbanded early last year 2016 and we waited to file the regular time. Couple months later we got a bill from the lRS for over $8,000. They charged an amount for each member. However we called them and because this was our first late filing they forgave the world amount.
Our club is discussing disbanding this year. Is there a
cutoff month that we'd have to file the partial year return?
If we disband in October or November can we wait to file at
the normal time? Thanks for your help...
Laurie Frederiksen on
If you wanted to file later than the return was due in January, you'd need to file for an extension to avoid any problems.
Laurie Frederiksen Invest with your friends! www.bivio.com
Your tax is due 90 days after the date the club was disbanded. Our club disbanded early last year 2016 and we waited to file the regular time. Couple months later we got a bill from the lRS for over $8,000. They charged an amount for each member. However we called them and because this was our first late filing they forgave the world amount.
Our club is discussing disbanding this year. Is there a
cutoff month that we'd have to file the partial year return?
If we disband in October or November can we wait to file at
the normal time? Thanks for your help...