Question

WHY IS THERE A PENALTY ON MY STATEMENT? I KNOW I PAID ON TIME LAST YEAR.

Answer

Pursuant to IC 6-1.1-37.10, payment is considered on time when postmarked by the U.S. Post Office on or before the installment due date. "Postmarked" does not mean the date printed by a postage meter that affixes postage to the envelope or package containing a payment. All envelopes that are received late are saved by the office for 1 year.