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DEPARTMENT OF PUBLIC WORKS AND PLANNING STEVEN E. WHITE, DIRECTORPlanning Commission Staff Report Consent Agenda Item No. 2 December 10, 2020 SUBJECT:Initial OneYear Time Extension: Initial Study
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What is initial one-year time extension?
The initial one-year time extension is a provision that allows taxpayers to extend the due date for filing their tax returns by one additional year.
Who is required to file initial one-year time extension?
Taxpayers who need extra time to file their tax returns, particularly those who have not been able to meet the original filing deadline, are required to file for an initial one-year time extension.
How to fill out initial one-year time extension?
To fill out the initial one-year time extension, taxpayers must complete the appropriate application form, providing necessary personal information, tax year details, and any additional supporting documentation as required.
What is the purpose of initial one-year time extension?
The purpose of the initial one-year time extension is to give taxpayers additional time to prepare and file their tax returns without incurring penalties for late filing.
What information must be reported on initial one-year time extension?
On the initial one-year time extension, taxpayers must report their personal information, the type of tax return for which they are requesting an extension, the tax year, and any other relevant financial data as specified in the application form.
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