If you don't think you'll be able to have your tax return complete by then, you may be able to file for an extension until October 15, 2025. Important: This is only for your tax return. Any taxes you owe are still due by April 15, 2025. Unpaid balances may be penalized and accr...
Lastly, the IRS recentlysaidit has unclaimedtax refunds of almost $1.5 billion, and the tax agency is urging people to act before April 18 to claim any money that's due to them. The unclaimed refunds are linked to an estimated 1.5 million taxpayers who didn't file a tax return in 2018...
The reason is due to a higher rate of errors with the EITC, with one analysis finding that as many as half of returns claiming the tax credit had erroneously claimed too much or incorrectly claimed the credit,accordingto the conservative Heritage Foundation. These audits are typically dealt with...
Individual income tax returns are typically due April 15, unless the date falls on a weekend or holiday or you file Form 4868 seeking an extension until October 15. Independent contractors, gig workers, and self-employed people usually have to make quarterly estimated tax payments are pre-...
When are taxes due if I file an extension? If you filed Form 4868 earlier this year and received the automatic six-month extension, you had until Oct. 15, 2024 to submit your 2023 tax return. If you missed this deadline, the next best step is to get your tax return filed as soon ...
What do you do if you can't meet the IRS filing deadline? Learn more about filing a tax extension, late payment and late filing penalties, and what to do if you can't pay your taxes.
a different deadline, or if the day falls on a weekend as it does in 2023. It’s important to note that the federal tax deadline may vary for different types of taxpayers, such as businesses, individuals, or those living abroad. Also the deadline may be extended due to other reasons....
With less than two weeks until taxes are due, ABC News Chief Economic correspondent Rebecca Jarvis answers all your questions ahead of the deadline. 2 years ago Money Monday: Get a better tax return next year Forbes tax adviser Kemberley Washington shares what we can do today for a more ge...
And by pushing back the filing date, taxpayers can avoid a failure-to-file penalty -- an extra 5% per month on the unpaid amount of money owed, which can add up to 25% of the tax due. If you file for an extension, you have until Oct. 15 before the penalty starts accruing. ...
Maximum Refund Guarantee / Maximum Tax Savings Guarantee - or Your Money Back - Individual Returns: If you get a larger refund or smaller tax due from another tax preparation method by filing an amended return, we'll refund the applicable TurboTax federal and/or state software ...