Issue Number: Tax Tip 2023-92<\/p>\n\n\n\n
Many people requested an extension to file their tax return after the usual April deadline. These filers have until Oct. 16, 2023, to complete and file their tax return. The IRS suggests that those who already have the forms and information they need file now \u2013 there\u2019s no advantage to waiting until the deadline and filing now saves the worry that they may miss the deadline.<\/p>\n\n\n\n
There are a few things extension filers should know as they get ready to file.<\/p>\n\n\n\n
File by the deadline<\/strong> Many taxpayers can use IRS Free File<\/strong> Taxpayers get their refund faster by choosing direct deposit<\/strong> IRS offers payment options for taxpayers with a balance due<\/strong> Extension filers should request missing or incorrect documents directly from employer or other payers<\/strong> Taxpayers who didn\u2019t file in April and didn\u2019t request an extension should still file as soon as possible<\/strong> Some members of the military have different deadlines <\/p>\n","protected":false},"excerpt":{"rendered":" Issue Number: Tax Tip 2023-92 Many people requested an extension to file their tax return after the usual April deadline. These filers have until Oct. 16, 2023, to complete and file their tax return. The IRS suggests that those who already have the forms and information they need file now \u2013 there\u2019s no advantage to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14,2,9],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/posts\/126"}],"collection":[{"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/comments?post=126"}],"version-history":[{"count":1,"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/posts\/126\/revisions"}],"predecessor-version":[{"id":127,"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/posts\/126\/revisions\/127"}],"wp:attachment":[{"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/media?parent=126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/categories?post=126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.suryapadhiea.com\/blog\/wp-json\/wp\/v2\/tags?post=126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Extension filers should file and pay any balance due by Monday, Oct.16, 2023.<\/p>\n\n\n\n
Many taxpayers can e-file their tax return for free through IRS Free File<\/a>. The program is available on IRS.gov through October 16. E-filing is easy and safe, and it\u2019s the most accurate way for people to file their taxes. Filing electronically can also help taxpayers determine their eligibility for many valuable tax credits.<\/p>\n\n\n\n
Anyone due a refund should request direct deposit<\/a> to get their tax refund electronically deposited into their financial account.<\/p>\n\n\n\n
Those who owe taxes and can’t pay their balance in full should pay as much as they can to reduce interest and penalties for late payment. The IRS has options for people who can’t pay their taxes<\/a>, including applying for a payment plan on IRS.gov. Taxpayers can view payment options<\/a> or check their account<\/a> balance online.<\/p>\n\n\n\n
<\/strong>If a taxpayer is waiting to file because they\u2019re missing a form<\/a> like a W-2 or 1099, they should contact their employer, payer or issuing agency and request a copy of the missing or corrected document. If they still can’t get the forms, they may need to use Form 4852<\/a> as a substitute.<\/p>\n\n\n\n
Anyone who did not request an extension by this year’s April 18 deadline should file and pay as soon as possible. This will stop additional interest and penalties<\/a> from adding up. There is no penalty for filing a late return for people who are due a refund<\/p>\n\n\n\n
<\/strong>Special deadline exceptions may apply for certain military service members<\/a> and eligible support personnel in combat zones<\/a>. The Department of Defense\u2019s MilTax online tax software<\/a> is available to service members and their families, regardless of income.Taxpayers in disaster areas may have more time to file
<\/strong>Taxpayers living in an area impacted by a recent natural disaster may have an automatic extension of time to make various tax payments. Visit Tax Relief in Disaster Situations<\/a> on IRS.gov for more information.<\/p>\n\n\n\n