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Filing TP 2021 1040X & CA540X, for income not reported. Owe $66/$28. Efile closed, so better to paper file, or wait for e-filing to reopen? Will penalties increase? TIA

AndyG
Level 3
Similar question for a TP who is filing an original 1021 1040/540 with amounts due of $722 federal/$1429 state. Paper or efile? If wait until efile--Pay now?
Thanks
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2 Comments 2
IRonMaN
Level 15

You aren't talking humongous dollars with either return.  Personally, I would paper file just to get the returns out of my hair.


Slava Ukraini!
Terry53029
Level 14
Level 14

Efile or paper amended returns probable take same amount of time. If you wait for efile interest and penalties will increase slightly, but either way not much, as @IRonMaN   said not a humongous amount