After October 15 until around December 15, You Can Prepare the Current Tax Year's Tax Forms Online, but the IRS Will No Lon

If you file for an extension and miss the October deadline, here's what you can expect to happen: You may owe a late-filing penalty. The IRS can hit you with a late-filing penalty of 5% of the amount due for every month or partial month your tax return is late, up to 25% of the amount due. Tax Extension Deadline 2024: What to Know About Oct. 15 NerdWallet https://.nerdwallet.com › Taxes NerdWallet https://.nerdwallet.com › Taxes

When to file. If you're a calendar year filer and your tax year ends on December 31, the due date for filing your federal individual income tax return is generally April 15 of each year.

Can I get more time after the October deadline? Unfortunately, the tax filing extension deadline can't be extended beyond the October 15, 2024 deadline. That means if you still need to file for the 2023 tax year, this is your last chance to complete a tax return without failure to file interest and penalties.

If you started your 2023 return in TurboTax Online, you generally have until October 31 to file your return online, but it may be subject to late filing fees. If your 2023 return is in rejected status, you'll have some extra time to fix and resubmit it to the IRS without being subject to late filing fees. Can I still file my taxes in TurboTax after the October 16 deadline? intuit.com https://ttlc.intuit.com › en-us › help-article › tax-return intuit.com https://ttlc.intuit.com › en-us › help-article › tax-return

The IRS expects most EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards by February 27 if they chose direct deposit and there are no other issues with their tax return.

Penalties for filing late can mount up at a rate of 5% of the amount of tax due 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 file by the extension deadline. Filing Your Taxes Late - TurboTax Tax Tips & Videos - Intuit intuit.com https://turbotax.intuit.com › tax-tips › irs-tax-return › fili... intuit.com https://turbotax.intuit.com › tax-tips › irs-tax-return › fili...

When is the 2024 tax filing season? The IRS started accepting tax returns on January 29, and will continue to accept federal tax returns through April 15. Taxpayers in Maine and Massachusetts have until April 17 to file their taxes because of state holidays.

Taxpayers also have the option to file a tax extension, which extends your filing deadline to Oct. 15, 2024. But even with an extension, if you owe or think you might owe, you need to pay that amount in full by the April 15 deadline to avoid penalties and interest. What Happens If You File Taxes Late? How to Avoid Penalties wsj.com https://.wsj.com › buyside › personal-finance › wha... wsj.com https://.wsj.com › buyside › personal-finance › wha...