IRS offers deadline reminders for last-minute filers

IRS

WASHINGTON — The Internal Revenue Service reminds taxpayers that the deadline to file and pay taxes owing for most personal income tax returns is Monday, April 18. The agency wants last-minute filers to know that tax help is available to file a tax return, request an extension, or make a payment, 24 hours a day on IRS.gov.

The IRS encourages taxpayers to file their returns electronically because the tax software performs the calculations, flags common errors, and reduces tax filing errors by prompting taxpayers to provide missing information. The fastest way to receive a refund is to file electronically and use direct deposit.

IRS Free File
is available to any individual or family with an adjusted gross income (AGI) of $73,000 or less in 2021. Major tax software providers make their products available online for free. Taxpayers can use IRS Free File to claim the remaining amount of their Child Tax Credit, Earned Income Tax Credit, and other important credits. IRS Forms to fill out for free is available to anyone who is comfortable preparing their own tax return – so there is a free option for everyone.

online account
provides information to help file an accurate return, including child advance tax credit and economic impact payment amounts, adjusted gross income amounts from last year’s tax return, amounts estimated tax payments and refunds applied as a credit.

Get a 6 month extension to file

The IRS estimates that 15 million taxpayers will request a filing deadline extension and the easiest way to request a filing extension is to use the IRS Free file. Within minutes, anyone can request an extension until October 17, using Form 4868, Request for Automatic Extension of the Filing Deadline for U.S. Individual Income Tax Returns. An extension of the filing deadline is not an extension of the deadline to pay, however, and taxpayers should estimate their tax payable on this form and pay any amounts owing by the April 18 filing deadline to avoid penalties and the interests.

Taxpayers can also request more time by paying all or part of their estimated income tax due and indicating that the payment is for an extension. They can do this using direct paymentthe Electronic Federal Tax Payment System (EFTPS)or one debit, credit card or digital wallet. This way they don’t have to complete a separate extension form and will receive a confirmation number for their records.

IRS Form 4868 can also be downloaded from Forms, instructions and publicationscompleted and addressed to the correct IRS office, and must be postmarked by the filing deadline.

Who automatically has more time to file?

The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in areas covered by Federal Emergency Management Agency disaster declarations. Deadlines for filing tax returns and paying taxes are extended for affected taxpayers in certain areas of Arkansas, Colorado, Kentucky and Tennessee until May 16, 2022, and for Porto Rico until June 15, 2022. For more details on all the aid available, visit the around the nation page on IRS.gov.

Special rules may apply to certain members serve in a combat zone or qualified hazardous service area. This also applies to individuals serving in the combat zone in support of the United States Armed Forces. A complete list of locations designated for combat zones can be found in Publication 3, Armed Forces Tax Guide, available at IRS.gov. U.S. Citizens and Resident Aliens living outside the United States have until June 15, 2022 to file their 2021 tax return and pay any taxes owing.

$1.5 billion in unclaimed refunds in 2018

The IRS estimates that 1.5 million taxpayers failed to file taxes in 2018 to claim tax refunds worth more than $1.5 billion. The three-year window of opportunity to claim a 2018 tax refund ends on April 18, 2022 for most taxpayers. If they don’t file a 2018 tax return by April 18, 2022, the money becomes the property of the US Treasury. The law requires taxpayers to address, mail and ensure that tax return 2018 is canceled on this date.

Other April 18 deadlines

April 18 is also the deadline for making 2021 contributions to Individual Retirement Plans (IRAs). Contributions can be made to a
traditional or Roth
IRA until the filing deadline, April 18, but must be designated for 2021 at the financial institution. For more information, see IRA Retirement Plan FAQs or Publication 590-A, Individual Retirement Plan (IRA) Contributions.

Employment taxes are due April 18 for domestic workers, including housekeepers, maids, babysitters, gardeners and others who work in or around a private residence in as employees if they were paid $2,300. For more information, see Publication 926, Employer Household Tax Guide.

The deadline to submit 2021 tax returns or an extension to file and pay taxes due this year falls on April 18, instead of April 15, due to the Emancipation Holiday in the District of Columbia. Taxpayers in Maine or Massachusetts have until April 19, 2022 to file their returns due to the Patriots Day holiday in those states.

The first trimester estimated tax payment for 2022 is also due on April 18. Taxpayers are encouraged to check their withholding tax for 2022
after filing their 2021 tax return. It can protect you against too little tax withholding and an unexpected tax bill or penalty at tax time next year. It can also help taxpayers adjust their tax withheld in advance, so that taxpayers receive a larger paycheck and a smaller refund at tax time.

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