Deadline to File Taxes or Request Extension on Tuesday
17 April, 2018, 19:31 | Author: Regina Silva
If you woke up in a panic realizing that today is April 15, relax. When that occurs, the deadline normally moves to Monday. It marks the day that President Abraham Lincoln signed the Compensated Emancipation Act in 1862, which freed over 3,000 slaves in DC.
If you're like roughly three-quarters of USA tax filers, you'll get a refund when you file your 2017 federal income tax return this year.
"So, certainly if you get a call that you feel suspicious just say ok, I'll reach back to you, hang up and dial the IRS directly". It offers free tax help to people who typically make $54,000 or less, people who are disabled or don't speak English very well, according to the IRS'website. "If you have a debt due it doesn't extend the date for payment".
Folks, the last day to file 2017 taxes on time is Tuesday. The office in Port Charlotte will be open until 6 p.m.
Then in 1909, Congress passed the 16th Amendment, which allowed the federal government to tax individual personal income regardless of state population. If you fail to file your taxes within three years of the original deadline, you won't get your refund at all.
There are some circumstances in which your refund may take longer. Workers are starting to see more take-home pay as employers implement the new withholding guidelines from the IRS.
For those not well-versed on all things taxes, the extension is filed with IRS Form 4868.
Sharpe continued, "If they file an extension it does eliminate some penalties but not everything". Those who file extensions face a deadline of October 15, 2018.
The penalty for failing to file your tax return is much more greater than the penalty for failing to pay. Or, mail a check or money order payable to the "United States Treasury" along with a Form 1040-V, Payment Voucher.
Since 1950, individual income taxes have been the primary source of revenue for the USA federal government.
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