Georgia Disaster Relief

This is a correction to my last post regarding the extension of time to file the 2016 tax return to 1/31/2018 due to hurricane Irma. You will still be subject to the late payment penalty of .5% per month with a max of 25% on any unpaid tax plus interest which is currently 4% annually for Fed tax and 7.25 % for GA. You can avoid the late filing penalty which is the big one of 5% per month on unpaid tax.