Today is the Tax deadline, how to request an extension

Today is the Tax deadline, how to request an extension

Make your April a little less taxing.

Tax day was even later due to similar circumstances past year.

H&R Block charges a small sum to file an extension, but if you come back to complete your tax return that cost is applied to the tax preparation.

After all, over 90% of taxpayers choose to file their returns online, as Time Money reports.

April 17 is the deadline to file your 2017 income taxes!

Also, if you filed in January or early February and claimed the refundable Earned Income Tax Credit or the Additional Child Tax Credit, the IRS by law was not allowed to start sending that money out until February 15. Along those lines, there is no penalty for filing a late return if you're entitled to a refund.

"The extension is only to file", Dejean said. It's also the deadline for business owners and freelancers to pay their estimated taxes for the first quarter of 2018. The deadline to file is Tuesday, April 17.

It doesn't draw any attention to you.

In a press release last week, the IRS touted its "new mobile friendly website" as a helpful tool for "people who need last-minute tax information".


Qualified taxpayers can choose to pay any taxes owed over time through an installment agreement.

"To avoid penalties, you have to pay at least 90 percent of your taxes due", Pickering said.

The Internal Revenue Service can assess a penalty for filing late, which is typically 5 percent of the unpaid taxes per month or part of a month that a return is tardy.

You won't get penalized if you have a return coming your way.

Well, you are in luck since you'll be able to get free food and beverages at certain places on Tuesday, April 17.

Rauschenberger says electronic filing helps maximize peoples refunds. Returns are still processed in the typical 21-day timeline that those who file in April are subject to.

So what do you do if you need extra time?

"The same thing is eventually going to end up happening when you file in October", he said.

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