State Income Taxes Due Today

May 2, 2016

If you still haven’t completed your 2015 state income taxes, today is the filing deadline. If you're late filing, be prepared to pay a penalty of an extra ten-percent on top of whatever you owe.

"I will say that typically there is a very slight grace period," says Victoria Daniels of the Iowa Department of Revenue, "but I encourage people strongly to get their returns in and file them electronically and make their payments no later than 11:59 pm."

If you don’t have enough money to pay your entire tax bill, Daniels says you should attempt to pay at least 90-percent of what is owed. As long you meet the 90-percent threshold, you can avoid a penalty and pay the rest later with interest.

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