Today — April 18, 2023 — is the last day to file your 2022 federal tax return on time. Otherwise, you could get hit with a late-filing penalty and potentially a late-payment penalty if you owe taxes and don’t pay.
If you can’t file by the end of the day, you should request an extension.
Here’s what to know about filing your taxes, requesting an extension, and paying the Internal Revenue Service.
The simplest way to avoid delays is by filing your return electronically and opting for direct deposit for your tax refund — if you’re getting one. If you decide to file a paper return, it must be postmarked April 18 to be considered on time.
“In addition to e-filing, tax software helps individuals steer clear of mistakes by doing the math,” the IRS said in a bulletin this week. “It guides people through each section of their tax return using a question-and-answer format.”
For more on this story, please visit yahoofinance.com.