It’s that time of year again – Tax Day 2024 is here! Today is the deadline to file your 2023 tax return or to request an extension. Whether you’ve been on top of your tax prep or find yourself scrambling to gather documents, now is the time to act.
File Your 2023 Taxes to Avoid Penalties
Filing your taxes by the April 15, 2024 deadline is critical to avoid penalties and interest charges. If you’re not ready to file, you can still request an extension by submitting Form 4868. This gives you until October 15, 2024, to complete your return. However, keep in mind that an extension to file is not an extension to pay. Be sure to estimate and pay any taxes owed by today to avoid penalties and interest.
How to Request a Tax Extension
Need more time to file? The IRS offers the option to file for a tax extension online or by mail using Form 4868. This gives you six additional months to submit your return. However, you must still pay any estimated taxes owed by the April 15 deadline. The IRS offers a tax payment estimator tool to help you avoid underpayment penalties.
Get Help with Your Tax Return
If you need assistance with filing your tax return, the IRS website has resources to help you find qualified tax professionals. Whether you prefer to use online tax software or work directly with a tax preparer, the IRS has an authorized e-file provider directory to ensure you choose a trustworthy source. These services can help ensure your return is filed accurately, reducing the risk of errors and audits.
IRS Resources for a Smooth Filing Process
The IRS offers a variety of online tools and resources to help you meet your tax obligations. From downloadable tax forms and publications to step-by-step guides, the IRS website has everything you need. Make sure to take advantage of IRS e-file for a faster, more convenient filing experience.
Avoid Last-Minute Mistakes
Whether you’re filing your return today or requesting an extension, make sure to double-check your forms and payments. Filing on time ensures compliance with tax laws and helps you avoid unnecessary penalties. If you have questions or concerns, don’t hesitate to contact the IRS or consult with a tax professional for guidance.
Happy Tax Day 2024!
As you navigate Tax Day 2024, remember that resources are available to help. Whether you’re filing today or requesting an extension, stay informed, avoid penalties, and ensure your tax season is a success. Happy Tax Day, and here’s to a smooth and successful filing process!
