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Don't Worry, You Have Extra Time to File Your Income Tax

16 Апреля 2018

If you still have not filed your taxes, Spivey suggests getting organized really quickly.

The Big Q: What will be the impact of last years digital currency boom be on USA tax payers?

Some reasons taxpayers don't receive a refund include not withholding enough estimated taxes and not having health insurance.

Viruet says avoiding penalties are important, but it is equally important to get the credits that you are entitled to.

Maagero added not to forget about the new tax system beginning next year, "This is the last year of the tax laws that were in effect for '17, ' so a lot the deductions and credits that were available to you, are going to be going away".

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Two Plainfield tax preparers were arrested on Friday on charges of filing scores of fraudulent tax returns, according to U.S. Attorney Craig Carpenito.

At H&R Block in Tyler, tax analyst's see a large influx of customers the last few days before the deadline. That year, 17 million returns - 11 percent of the tota l- were filed that week. Persons with taxable income who do not file their returns by this date could be liable to penalty and prosecution for willful default, even attracting punishment of imprisonment ranging from 3 months to 7 years.

What happens if you absolutely can not meet the deadline to file your taxes before April 17? The agency has information here about what you need to do to file for a tax extension. Check your state tax department's website: While some states will automatically apply your federal extension, others require you to submit a separate state extension form. Any tax owed must be paid by Tuesday.

You can do that by filling out the IRS 4868 form.

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Don't Worry, You Have Extra Time to File Your Income Tax