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05-24-2024, 10:53 AM #3
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They can file an extension any time but will most likely get a small penalty. Better to file late than not at all either way penalty is the same. Not advice just something I have seen.
If you do not file or extend the S corporation's return by the original due date, typically March 15 (unless another date due to holidays or weekend), it may owe a penalty.
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