Tax Filing Deadline April 18, IRS Offers Last-Minute Tips

Cornelia Mascio
Aprile 17, 2017

If you still need to file your tax return, you should speak with a tax attorney.

There are many tax credits you can receive.

Filers have until Tuesday, April 18, to file 2016 returns and pay any taxes due.

The usual April 15 deadline fell on Saturday this year, which would normally push the deadline to Monday.

More than 8 million extension requests are expected through this week, with the vast majority of those Forms 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, being filed electronically.

Minnesotans have until October 15 before a late-filing penalty is charged, and no separate filing is required for an extension as long as that later deadline is met. Taxpayers who expect to owe the state need to pay as much as possible Tuesday to help avoid late fees.

The deadline to file your taxes is April 18.

In addition, any payment made with an extension request will reduce or eliminate interest and late-payment penalties that apply to payments made after April 18. You can request an installment agreement with the IRS that lets you make monthly payments.

There is an estimated 45 million taxpayers, but not everyone has filed just yet. In some instances, the taxpayer may qualify for an offer-in-compromise.

A recent press release from the IRS details one new scam that poses as you asking your tax preparer to make a last-minute change to your refund destination, often to a prepaid debit card.

The interest rate is now four percent per year, compounded daily, and the late-payment penalty is normally 0.5 percent per month.

Any mail deposited after the last posted collection time will not be postmarked until the next day, resulting in late-filing penalties if it's your tax return. Generally, the IRS will never contact you via email or phone; they will contact you by mail.

It's possible to get the automatic extension without filing IRS Form 4868. For more information, visit the H&R Block Newsroom.

The IRS typically grants this extension to any taxpayer residing in a disaster areas as declared by the Federal Emergency Management Agency (FEMA).

Community Action Duluth, at 2424 W. Fifth St., will be open from 4:30 to 9 p.m. today as part of the IRS Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs.

Your prior-year tax return.

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