It’s almost here…the filing deadline for taxpayers who requested an extension to file their 2018 tax return. This year’s deadline is Tuesday, October 15.
- This year, the 2018 tax extension deadline is April 17 (the same day regular taxes are due). So, to all the procrastinators out there, here’s everything you need to know about requesting an extension, and pushing your tax filing deadline back to October.
Is there an extension for 2018 taxes?
A tax extension gives you an additional six months to file, and because Tax Day is ordinarily on April 15, the extended tax deadline for 2018 is Oct. 15. You can do it by filing IRS Form 4868 — also known as the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.
Is it too late to file an extension for 2018 taxes?
A tax extension gives you an additional 6 months to file your tax return, making your new deadline October 15. It is not an extension of time to pay your tax bill. e-File or file IRS Form 4868 by April 15, 2021 for Tax Year 2021 here on eFile.com for free.
When were 2018 taxes due with extension?
With the extension, the tax extension deadline for filing your return will be Oct. 15. However, the IRS will charge you interest. The IRS may also charge you a late payment penalty unless you make a payment that’s close to your tax liability and the remaining amount is paid with your return.
What is the deadline for extended taxes?
The tax extension deadline for 2020 returns is approaching, but there’s still time to avoid extra penalties and fees. Filers have until Oct. 15 to submit their extended return, originally due on May 17. Those who filed for an extension can skip late penalties by sending in their return by Oct.
What happens if taxes are late?
Late-filing penalties can mount up at a rate of 5% of the amount due with your return for each month that you’re late. If you’re more than 60 days late, the minimum penalty is $100 or 100% of the tax due with the return, whichever is less. Filing for the extension wipes out the penalty.
Has IRS extended filing deadline?
Most federal tax filing and payment deadlines from April 1, 2020, to July 14, 2020, are postponed to July 15, 2020. The postponements are automatic and apply to all taxpayers. You do not need to file other forms or call the IRS to qualify.
How do I file my 2018 taxes late?
Tax Day has come and gone, but it’s not too late to file your 2018 state income tax return. In fact, free tax prep help is available both online and in-person at locations around California. April 15 was the deadline for taxpayers who owed tax.
Can I still file my 2018 taxes in 2021?
Time matters with tax refunds April 15, 2022 is the last day to file your original 2018 tax return to claim a refund. If you received an extension for the 2018 return then your deadline is October 15, 2022.
Can I file my 2018 taxes online in 2020?
Yes, you can file an original Form 1040 series tax return electronically using any filing status. Filing your return electronically is faster, safer and more accurate than mailing your tax return because it’s transmitted electronically to the IRS computer systems.
Will tax deadline be extended in 2021?
2021 Federal Tax Deadline Extensions The federal tax filing deadline for 2020 taxes has been automatically extended to May 17, 2021. Due to severe winter storms, the IRS has also extended the tax deadline for residents of Texas, Oklahoma and Louisiana to June 15, 2021. This extension also applies to 2020 tax payments.
When did the 2018 tax year end?
The tax years you can use are: Calendar year – 12 consecutive months beginning January 1 and ending December 31.
What are the tax dates for 2018?
6th April 2018 – First day of 2018/19 tax year. 31st July 2018 – Second Payment on Account for the 2017/18 tax year. 5th October 2018 – Deadline for Self Assessment registration for the self-employed and freelancers, or additional income earners. 31st October 2018 – Paper tax return submission.
What happens if you miss IRS deadline?
The penalty you will pay for not filing on time is 5% of your unpaid taxes for each month your return is late, with a maximum penalty of 25%. For each month you don’t pay, the IRS charges. 5%, and up to 25%. Penalties can add up to almost 50% of your tax bill.
What is the October 15 tax deadline?
Sacramento — The Franchise Tax Board (FTB) today reminded taxpayers that Friday, October 15, is the deadline for filing 2020 state personal income tax returns to avoid late-filing penalties, and to be eligible for Golden State Stimulus (GSS) payments.
What happens if you don’t file taxes by extension deadline?
But that final tax extension deadline is now approaching. And if you miss the Oct. 15 filing date, you’ll owe late fees or more interest. Most importantly, if you haven’t yet filed your 2020 tax return, you could be missing out on IRS money, like a tax refund, stimulus checks or child tax credit payments.