CNN World2 days agoFinance5 min read
Last-Minute Tax Filing Tips as April 18 Deadline Approaches
Quick Look
- With the IRS tax filing deadline of April 18 approaching, last-minute tips include checking for disaster area extensions, military combat zone extensions, and eligibility for free filing.
- Organizing documents, reporting all income, and avoiding mistakes in returns are crucial.
- Filing for an extension (Form 4868) is possible but does not extend payment deadlines, incurring interest and penalties on unpaid 2022 taxes.
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Why It Matters
The IRS deadline for 2022 tax returns is April 18, with extensions available for certain groups.
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So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 deadline approaches. [...] If you still owe income taxes to your state, remember that you may need to go through a similar exercise of filing for an extension and making a payment to your state’s revenue department, Martin said.
Open Questions
- Exact number of filers granted extensions
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This article was originally published by CNN World.
