IRS Tax Filing Extension

 If you requested an extension to file your 2021 tax return, you have until Oct. 17, 2022, to file an accurate and completed return. 

 

The IRS is encouraging taxpayers who requested extensions to file their tax returns electronically as early as possible to avoid the last-minute rush ahead of the Oct. 17 deadline. 

 

IRS Commissioner Chuck Rettig said, “We continue to urge people to file electronically and do it as soon as possible. Even if people have an extension to file until October, sending the tax return as soon as possible can either help get them a refund quicker or it can save them money if they owe by avoiding additional interest and penalties.”

 

The IRS explains that “an extension to file a tax return is not an extension to pay taxes.” This means that penalties and interest could apply to any amount taxpayers still owe following the original April 18 deadline.

 

The IRS shared a few e-filing options to help taxpayers: 

  • IRS Free File: Eligible individuals can use the IRS Free File program to prepare and file their 2021 federal tax return for free. Taxpayers can also choose the brand-name tax preparation software company. 

  • Some companies offer free state tax return preparation. Those who earned more than $73,000 have the option to use IRS Free File Fillable Forms.

  • MilTax online software: MilTax online software is also available for members of the military and certain veterans, regardless of income. This software is offered through the Department of Defense.

  • Commercial software: The software uses a question-and-answer format that makes doing taxes easier. The return is signed electronically and transmitted through IRS-approved electronic channels.

  • Authorized e-file provider: Tax pros accepted by the IRS electronic filing program are authorized IRS e-file providers. They are qualified to prepare, transmit, and process e-filed returns.

Taxpayers who owe taxes can review all of their payment options online at IRS.gov. 

 



What's your opinion?

@GMBoutwell