Tax day deadline: Who gets penalized and how to get an extension

April 15, 2014 by  
Filed under Solar Energy Tips

Who gets an extension?

April 15, 2014, 8:52 a.m.

April 15 is tax day, which brings with it the annual scramble to file returns in time.

But unless you owe money to Uncle Sam, procrastinators can breathe a sigh of relief.

Only those who are due to pay the Internal Revenue Service are penalized for missing the deadline, while the approximately 75% of filers who get refunds can turn in their paperwork after Tuesday with no penalty.

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