Notice: Automatic Extension for Individual and Composite State Income Tax Returns Due on April 15, 2021

You still only have until mid-April to contribute to your IRA account for the previous year. TheIRA contribution limit is $6,000, or $7,000 if you are 50 or older. If you’ve already maxed out your contribution for the previous tax year, you can contribute toward the next tax year, for which the limit is also currently $6,000. If you file Form 4868 and receive the automatic six-month extension, you will have until Oct. 17, 2022, to submit your 2021 tax return. The time to file your 2021 tax return or a tax extension has nearly expired.

For most taxpayers, Monday, April 15, 2019, is the filing deadline to submit 2018 tax returns. Because of the Patriots’ Day holiday on April 15 in Maine and Massachusetts taxpayers who live in those states have until April 17, 2019, to file their returns, the IRS said. For both Emancipation Day and Patriots’ Day, https://turbo-tax.org/ when April 15 falls on a Saturday or Sunday, tax returns are due the following Tuesday, April 18 or April 17 respectively. 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 .

When are taxes due? Tax deadlines for 2022

The agency is also sending letters to filers with information on their stimulus and child tax credit payments for 2021. These letters should help tax payers determine if they received the correct amount of money and reconcile any mistakes. Try to file your taxes as early as possible to avoid missing the deadline. Start gathering your documents as soon as you receive them, and be sure to make an appointment if you’re working with a tax professional. Even if the IRS extends the due date, it might be in your best interest to file early, especially if you’re expecting a refund. Taxpayers who can’t meet the deadline can file for a six-month extension for filing but still must pay an estimate of any taxes they owe by the deadline.

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Taxes Due Today: Last Chance to File Your Tax Return or Tax Extension on Time

Typically refunds are issued within 21 calendar days of the IRS receiving your return. The fastest way for you to receive yours is to file electronically and choose direct deposit, the IRS notes. But the filing deadline’s not the only thing that’s changed. Many of the upheavals over the past year have caused changes to your taxes. Due to the Covid crisis, there are plenty of new and revised provisions and important dates you will need to know about before filing your 2020 return this year. Available only at participating H&R Block offices. H&R Block does not provide immigration services.

• You still have to submit your request for an extension by April 18 .
• If you determine that you will owe tax, you must file Form IL-505-I, Automatic Extension Payment for Individuals, to pay any tax you owe to avoid penalty and interest on tax not paid by the original due date.
• Individual income tax 2021 estimated payments are still due on April 15.
• Due on or before the 15th day of following month except for the payments for March, June, September, and December – which are due on last day of the following month.
• Oct. 15— If you filed Form 4868 extending the due date of your return, this is the last day to file your tax return and pay any tax, interest, or penalties due.

This extension to May 17 does not affect the June deadline. If you miss a tax deadline, the IRS can hit you hard with penalties and interest.

Form 63-23P: Due on or before October 17, 2022

Typically, most people who earn income must file a return on Tax Day, including everyone who has an employer who deducts taxes from their paychecks. It also includes self-employed people and small business owners who must file quarterly to pay estimated taxes and then file annual returns to square up their accounts. The IRS will be providing formal guidance in the coming days. There are some special deadlines in April for retirees and anyone saving for retirement, too. If you turned 72 in 2021, you must take your first required minimum distribution from your traditional IRAs and 401 plans by April 1.

Filing Form 4868 gives taxpayers until October 15 to file their 2020 tax return but does not grant an extension of time to pay taxes due. Taxpayers should pay their federal income tax due by May 17, 2021, to avoid interest and penalties. Individual taxpayers Tax Deadline Is April 15, 2021 For 2020 Taxes Tax Day 2021. do not need to file any forms or call the Kentucky Department of Revenue to qualify for this automatic individual income tax filing and payment relief. Taxpayers should pay their Kentucky income tax due by May 17, 2021, to avoid interest and penalties.

Quarterly payment due dates for estimated taxes

April 15 – known to most citizens as the day tax returns are due – is a state holiday in Maine and Massachusetts. The Patriots’ Day holiday celebrates the battles that began our nation’s fight for independence. Residents of Maine file in Philadelphia this year, but are granted the holiday because the Maine post offices will be closed on the 15th.

To qualify for an extension, you must file Form 4868 before April 18, 2022. You will not be notified unless your request is denied. There are two exceptions to the new extended federal deadline. Normally, of course, that would be the day your taxes are due. But there’s been nothing normal about the past year. The good news is you’ll have another month to file your 2020 return. Keeping you updated on COVID-19 and its impact on businesses and individuals.

If you expect a tax refund for one or more previous tax years and you have not filed an IRS or state income tax return, you will most likely not be subject to late filing and certainly not for late payment penalties. However, you only have three years after the subject tax year to claim your tax refund. After the three years, you tax refund will unfortunately expire and you can no longer claim your hard-earned money back from the IRS.

If H&R Block makes an error on your return, we’ll pay resulting penalties and interest. One personal state program and unlimited business state program downloads are included with the purchase of this software.