Nevada Revised Statutes Title 32. Revenue and Taxation § 360.320. Offsetting of certain overpayments; calculation of penalties and interest

(a) There is a net deficiency for a reporting period after offsetting any overpayment from any previous reporting period, any interest imposed on the net deficiency must be calculated before determining whether there is an overpayment or net deficiency for the next reporting period within the audit period.

(b) There is a net overpayment for a reporting period after offsetting any net deficiency from any previous reporting period, any interest to which the taxpayer is entitled must be calculated before determining whether there is an overpayment or net deficiency for the next reporting period within the audit period.

(a) Failed to file a report or return that he or she is required to file;

(b) Filed such a report or return later than the date it is due;

(c) Filed such a report or return that erroneously shows no taxes due; or

(d) Filed such a report or return that shows taxes due and has not remitted the taxes due in a timely manner.