April means a lot of different things to different people, but one thing no one can avoid is the April 15th deadline to file your Federal income taxes with the Internal Revenue Service. If you haven't submitted a request for an extension to file your taxes then the must be submitted before midnight on April 15th.
There are a variety of ways you can file your taxes, but the most simple way to get started would be to go to IRS.gov and begin the process there. If your yearly income is $66,000 or less per year then you are eligible to file your taxes for free using an IRS approved third-party site. If you or your family earn more than $66,000 per year then you may have to pay for the services of a third-party website or brick and mortar company.
If you don't think you will be able to file your taxes by midnight on April 15th then you must submit a request for an extension to file your taxes. Most filers can request a 6-month extension to file their taxes, but it is important to know that your will be charged fees and interest on any money you owe to the government that isn't paid in full before the April 15 deadline.
Either way you look at it, April 15th is an important deadline. On that day you either must file your federal income taxes or you must submit your request for an extension by that date in order to avoid any late fees or penalties.
JaredS Wrote:Most filers can request a 6-month extension to file their taxes, but it is important to know that your will be charged fees and interest on any money you owe to the government that isn't paid in full before the April 15 deadline.
Most filers can request a 6-month extension to file their taxes, but it is important to know that your will be charged fees and interest on any money you owe to the government that isn't paid in full before the April 15 deadline.
This is an important point. And one everyone definitely needs to know. Filing that extension is just for the paperwork. It doesn't give you an extra 6 months to pay your debt. That debt will accrue penalties and/or interest if you don't pay by the deadline.
So even if you file an extension, just remember the longer you wait to pay your tax debt, if you had any for that year, the more it will end up being as the penalties and interest accrue over time.