When is the last day to file taxes?
This year’s deadline falls on Monday, April 15, for most Americans, except for residents of Maine and Massachusetts, who have until April 17 because of state holidays. Taxpayers who have been affected by certain specific natural disasters also get an automatic extension; if you think this might be you, you can check this IRS webpage.
When should I expect my refund?
If you filed your return online and you gave the IRS your bank account information for a direct deposit, you should see your refund within three weeks of filing. If you filed on paper or if you’re waiting for a check in the mail instead of a direct deposit, it might take longer. You can look up the status of your refund here.
When are taxes I owe due?
Payments are due on the day that your tax return is due. If you can’t afford to cover all of what you owe, it’s still a good idea to pay at least some amount before the deadline to avoid owing late fees on the portion you paid. If you pay some portion and set up a payment plan with the IRS to pay off the rest, you can reduce the extra fees and interest due.
There are many ways to file for free. Tax prep companies offer free software through the Free File program for anyone with an annual income of up to $79,000. That’s not to be confused with the IRS’s new Direct File tool, which allows qualifying taxpayers in 12 states to file for free if they have straightforward tax situations. And anybody can file for free, either online or on paper, by filling out the tax forms themselves. You can read more about free filing options here.
What if I need last-minute help?
The IRS has been on a hiring spree that has let it open more in-person taxpayer assistance centers across the country and boast of better response rates when taxpayers call for help. If you have a question, you’re probably more likely to get an answer now from the IRS than you were in recent years.
Is there a penalty for filing my taxes late?
Yes. If you don’t pay on time, the IRS can charge you a fee for filing late and interest on what you owe. The amount will depend on how much money you owe and how long you wait to pay it. It’s better to formally request an extension than to simply let the deadline go by. To ask for an extension, you can either use tax software (including Free File) or mail a request to the IRS.
Is the post office open late on Monday for mailing in tax returns?
Some post offices do stay open past their regular hours on the day of the tax deadline to allow people to make sure that their returns are postmarked April 15. The IRS counts the return as on-time as long as the postmark is on or before the deadline. Because the vast majority of Americans e-file their returns rather than mail them in, though, you shouldn’t expect a line at the post office.
Source: Tax Day 2024: What to know about deadlines, extensions, refunds and more
