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The IRS Is Behind On Processing More Than 5.5 Million Tax Returns As Oct. 15 Deadline Looms. ... 2021 at 4:02 PM. ... Everything You Need To Know About Taxes Leading Up to the Extension Deadline
Don't panic if you can't file your taxes by April 15 (May 17th in 2021). The Internal Revenue Service regularly grants extensions to people who need more time. Even though taxpayers commonly need a...
April 15, 2024 at 11:15 AM Getty Images Even though the filing deadline is one of the most well-known (and dreaded) dates on calendar, tax day can still sneak up on people.
Considering whether to file an extension for the 2010 tax year with Form 4868. An automatic extension until October 15 to file Form 1040 can be obtained by filing Form 4868. There is a penalty for not filing a tax return by April 15 that depends on whether the individual got a filing extension and the amount of unpaid taxes.
The federal income tax extension filing deadline is Oct. 15. Those filers who needed more time to complete their returns had to file Form 4868 with the IRS earlier in the year to request an ...
If you filed an extension and you don’t file your return by Oct. 15, your penalty and interest calculations are grandfathered back to the original April 15 due date for 2024 tax returns.
The extension also gives the IRS time to issue guidance on recent tax law changes. The newly passed COVID relief package exempts the first $10,200 of unemployment benefits from federal taxes for ...
By filing for an Automatic Extension of Time, you may have an additional six months — or until Oct. 15 — to get your tax return in. That said, the deadline to submit form 4868 remains the same ...
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