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Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxn!ihnp4!mmm!mrgofor
From: mrgofor@mmm.UUCP (MKR)
Newsgroups: net.taxes,net.legal
Subject: Re: Schiff
Message-ID: <581@mmm.UUCP>
Date: Mon, 3-Mar-86 17:19:48 EST
Article-I.D.: mmm.581
Posted: Mon Mar  3 17:19:48 1986
Date-Received: Wed, 5-Mar-86 04:02:09 EST
References: <662@decwrl.DEC.COM> <1082@lsuc.UUCP> <1005@psivax.UUCP> <1707@bbncc5.UUCP> <65@randvax.UUCP>
Reply-To: mrgofor@mmm.UUCP (MKR)
Organization: none
Lines: 27
Xref: watmath net.taxes:1040 net.legal:3032
Summary: 

In article <65@randvax.UUCP> jeanette@rand-unix.UUCP (Jeanette Haritan) writes:
>In article <1707@bbncc5.UUCP> mfidelma@bbncc5.UUCP (Miles Fidelman) writes:
>>
>>I don't remember where I heard this, but I believe that:
>>
>>       1. it is *not* mandatory to file an income tax return
>>
>>       2. if you don't, the IRS can "estimate" your income using
>>          whatever information it can get its hands on, an then
>>          send you a bill - it *is* mandatory that you *pay* (as
>>          opposed to filing) - note: of course if your taxes are
>>          withheld, and you don't want any refund, I'll bet the
>>          IRS would be happy to keep the excess if you don't file
>
>On top of that, if you don't file, and you DO owe, rather than get a
>return or break even, the IRS tacks a charge that accumulated 5% monthly.
>This is in Maryland, I'm not sure if that applies to Federal.

	The IRS charges penalties on STATE taxes? The IRS behaves differently
in different states? Hmmmm.


-- 
					--MKR

If Man were meant to use the metric system, Jesus would have had
10 disciples.