IRS Issues Limited Extension of April 15 Tax Deadline Insights KSM Katz, Sapper & Miller

2020 Federal Income Tax Deadline

Once the proper paperwork is submitted then you automatically receive six more months to file your tax return. This is only recommended if you expect to receive a refund because owed amounts that are filed late will incur penalties and fees by the IRS. A list of Tax Season 2022 e-filing Tax Day deadlines are below for Tax Year 2021 (January 1 – December 31, 2021) income tax returns or ITRs. Find previous or back tax year forms, deadlines, and calculators as well as tax deadlines for back taxes. Federal income tax returns are due on April 18, 2022 for most of the country and April 19, 2022 if you live in Maine or Massachusetts.

  • While the federal income tax filing deadline for individuals has been extended until May 17, our recommendation is to continue working toward the tax deadline as if it was still April 15.
  • If you fail to pay everything you owe, the IRS will charge you interest on the amount outstanding until your bill is fully settled.
  • If you are on a payment plan, the failure-to-pay penalty is reduced to 0.25% per month during that payment plan schedule.
  • Enrolled Agents do not provide legal representation; signed Power of Attorney required.
  • Small Business Small business tax prep File yourself or with a small business certified tax professional.
  • You can use commercial tax preparation software to generate the correct state-specific form, or find the form on your state tax authority’s website.

All investing involves risk, including loss of principal. Working with an adviser may come with potential downsides such as payment of fees . There are no guarantees that working with an adviser will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. You might have a state tax return to file this year, too. Prepare and eFile for free on eFile.com; click the linked page to see if an extension is necessary for you! Tax extensions should only be used when you need more time to prepare to file, not more time to pay.

Tax Deadlines: October to December

This means that when the tax filing deadline is not moved for other political reasons, tax day for any particular year is always on April 15 , Tuesday April 17 or Monday or Tuesday April 18 . For residents of Maine and Massachusetts, tax day may fall on April 19th if the 15th was Emancipation Day and the 18th is Patriots Day. Military personnel whose domicile is Louisiana and who is required to file a federal income tax return must file a return and report all of their income regardless of where they were stationed. Louisiana residents, part-year residents of Louisiana, and nonresidents with income from Louisiana sources who are required to file a federal income tax return must file a Louisiana Individual Income Tax Return. This week the IRS announced that the federal tax deadline for certain taxpayers has been extended from April 15, 2021, to May 17, 2021. The extension is designed to provide additional relief for individual taxpayers in light of the ongoing COVID-19 pandemic. Only available for returns not prepared by H&R Block.

Description of benefits and details at hrblock.com/guarantees. If you’re looking for more hands-on tax guidance, H&R Block can help. Whether youmake an appointmentwith one of our knowledgeable tax pros https://turbo-tax.org/ or choose one of ouronline tax filingproducts, you can count on H&R Block to help you. You can use Form 4070A in Publication 1244 or any other daily record to record your tip income for the month.

Was my 1st quarter estimate payment for the 2021 tax year still due on April 15, 2021?

The last day to do taxes isn’t the only important tax deadline to know, however. There are several other important tax deadlines for the 2022 tax year you should know, or for the taxes you’ll file in 2023. If you’re wondering, «When are taxes due, anyway?» Here are the important dates at a glance. Make sure your calendar’s up-to-date with these tax deadlines, dates, possible extensions and other factors in play for both individuals and businesses in 2022. It also started this year with a backlog of millions of 2019 returns that needed processing.

2020 Federal Income Tax Deadline

Do not include sensitive information, such as Social Security or bank account numbers. Due on or before the last day of the month following the quarter. Due annually on or before the 30th day following the year represented by the return. You can also manage your communication preferences by updating your account at anytime. Individuals who live in Maine and Massachusetts have until April 19, 2022, to file their 2021 Form 1040 or Form 1040-SR because April 15, 2022, is Emancipation Day and April 18, 2022, is Patriots’ Day. Ask a real person any government-related question for free. They’ll get you the answer or let you know where to find it.

Due on or before the 10th day of the following month

If it is determined that the individual acted with intentional disregard for the state laws, the request for penalty waiver will be denied. Ninety percent (66.66 percent for qualified 2020 Federal Income Tax Deadline farmers and fisherman) of the tax due on an annualized basis for each quarterly period. The date on which any portion of the underpayment is paid limited to the payment amount.

The 2022 IRS calendar does not include filing dates and deadlines for estate taxes, gift taxes, trusts, exempt organizations, certain types of corporations, foreign partnerships, or nonresident aliens. Look to the specific page on the IRS website to understand when you need to file for one of these situations. Deadlines for filing taxes typically fall within the same, general range. When it comes to filing your 2021 tax return, these are the dates you need to know about. If you successfully request an extension by that date, you will have until Oct. 15, 2022 to submit your 2021 tax return. Our firm’s Tax practice advises businesses and individuals on all aspects of local, state and federal taxation, including tax planning, audits, administrative hearings and trials. In addition, the LMRC quarterly deposit deadline of April 15, 2020 has been shifted one month to May 15, 2020; check LMRC website for additional information.

See what federal tax bracket you’re in

Valid receipt for 2016 tax preparation fees from a tax preparer other than H&R Block must be presented prior to completion of initial tax office interview. Offer period March 1 – 25, 2018 at participating offices only. To qualify, tax return must be paid for and filed during this period.

If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. You can prepare your amendment on eFile.com for Tax Year 2021, then print, sign, and mail in the forms.

Important Due Dates for Filing Your 2021 Tax Return and Making Payments

Type of federal return filed is based on your personal tax situation and IRS rules. Additional fees apply for Earned Income Credit and certain other additional forms, for state and local returns, and if you select other products and services. Visithrblock.com/ezto find the nearest participating office or to make an appointment. Type of federal return filed is based on taxpayer’s personal situation and IRS rules/regulations. Form 1040EZ is generally used by single/married taxpayers with taxable income under $100,000, no dependents, no itemized deductions, and certain types of income . Additional fees apply with Earned Income Credit and you file any other returns such as city or local income tax returns, or if you select other products and services such as Refund Transfer. The May 16 deadline also applies to the quarterly estimated tax payments normally due on Jan. 18 and April 18, as well as the quarterly payroll and excise tax returns originally due on Jan, 18.

Taxpayers in Maine and Massachusetts, however, have until April 19 because of the observance of Patriots’ Day in those states. In Louisiana, the deadline is May 17, although residents affected living in federally declared disaster areas due to the February winter storm have until June 15. Some states’ and the District of Columbia’s current filing dates differ. They are Hawaii, April 20; Iowa, April 30; and DC, July 15. The Electronic Federal Tax Payment System is convenient safe and easy. Choose to pay online or by phone by using the EFTPS Voice Response System. DWT will continue to provide up-to-date insights and virtual events regarding COVID-19 concerns.

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