Filed Tax Form before deadline but haven't sent yet. What are the consequences?

You COMPLETED the forms before the deadline. They HAVE NOT been filed until they are submitted to the IRS. If you are due a refund, you will not be charged a penalty, If you owe, You already owe a late filing penalty and are accumulating late payment penalties and interest every day. FedEx the forms NOW. Don't keep reading these answers, get the forms to a FedEx office NOW!

http://www.irs.gov/taxtopics/tc653.html Here is the link to the IRS website, where you can find the answer to your question. good luck & mail that thing.

File as soon as possible but even if you owe as long as your outstanding liabilty is less than 1000 then you can waive the penalties and interest. And a quick note hang on to your return for three years and then if they dont catch the penalties and interest the statute of limitations has run out and your definatly fine.

Send it in and stop asking questions about it. The longer you wait, the worse it is. If they owe you money, you're losing interest. If you owe them money, you'll pay a penalty.

I know for sure that you need to put it in the mail ASAP. The longer you wait the more they will fine you if you owe money. If you are owed money from the government there is no penalty for a late file. Why didn't she have you sign an e-file waiver so she could electronically submit your taxes? Make sure you do that next year. Below is from the IRS website. www.irs.gov. Lots of info you should check it out. Failure to file a return or filing late can be costly. If taxes are owed, a delay in filing may result in penalty and interest charges that could increase your tax bill by 25 percent or more. There is no penalty for failure to file a tax return if a refund is due. But by waiting too long to file, you can lose your refund. In order to receive a refund, the return must be filed within 3 years of the due date. If you file a return, and later realize you made an error on the return, the deadline for claiming any refund due is three years after the return was filed, or two years after the tax was paid, whichever expires later. Taxpayers who are entitled to the Earned Income Tax Credit must file a return to claim the credit even if they are not otherwise required to file. The return must be filed within 3 years of the due date in order to receive the credit. If you are self-employed, you must file returns reporting self-employment income within three years of the due date in order to receive Social Security credits toward your retirement.

As long as you don't owe any taxes, you should be ok.