IRS Tax Deadline (United States) 2022
- Monday, April 18 (in 79 days)
Will 2021 tax deadline be extended?
No, the IRS has not extended the deadline past April. Currently, the tax filing deadline for 2022 is April 18.
Are tax returns being delayed in 2021?
That means 2021 tax refunds are likely to be delayed; usually electronic refunds come three weeks after filing, a week faster than ones for paper returns. Based on last year’s experience, getting answers from the IRS will be even harder than usual, too. 1
When can I file my 2021 tax return?
When’s the earliest I can file my 2021 taxes? The IRS began accepting and processing 2021 tax returns on Jan. 24, 2022. That’s far earlier than last year’s Feb. 12 start date. 1
What is the deadline for 2020 2021 tax return?
The official deadline for completing a return is 31 January, after which a £100 late-filing penalty would be automatically imposed.
What happens if I miss tax deadline?
While the federal income tax-filing deadline has passed for most people, some taxpayers haven’t filed their 2019 tax returns yet. If a taxpayer is entitled to a refund, there’s no penalty for filing late. Penalties and interest began to accrue on any remaining unpaid tax due as of July 16, 2020.
Can I file my taxes now?
Typically, the official date when you can file taxes falls in mid to late January. January 2021 update: The IRS announced it will start processing tax returns Feb. 12. We can do your taxes now and when you file at Block, you could get a Refund Advance 109. Scroll to bottom of page. up to $3,500 today.
When can I get my tax refund 2022?
Most taxpayers who file electronically and choose direct deposit will get their refund within 21 days, assuming there are no problems with the return, according to the IRS. 2
Will tax returns be delayed this year?
The Treasury Department warned this week that this year’s tax season will be a “frustrating” one, and that tax refunds will likely be delayed due to a massive backlog of unprocessed returns from 2021. For immigrants, filing taxes for the first time can be daunting.
What is the child tax credit for 2022?
As of right now, the 2022 child tax credit (which you would get when you file in 2023) is set to go back to $2,000 for each dependent age 17 or younger. The benefit is set to revert because Congress didn’t pass an extension of the enhanced benefit, nor an extension of the monthly payments.
How much do you get back in taxes for a child 2022?
In 2021, families received half of their extended credit on a monthly basis and the other half they received once they filed their taxes. The extended portion of the child tax credit program has since expired. For tax year 2022, the child tax payment reverts to $2,000 per qualifying child per year. 3
Do I have to claim my stimulus check on my 2021 tax return?
People who are eligible for the recovery rebate credit must file a 2021 federal income tax return to claim their remaining stimulus payment. Reporting the correct amount for both the advanced child tax and third stimulus check is very important, said Dr. Howard. 4
When can I submit my 2020 tax return?
Taxpayers can begin filing returns through IRS Free File partners; tax returns will be transmitted to the IRS starting January 24. Tax software companies also are accepting tax filings in advance.
When can I file my 2020 tax return?
Filing Form 4868 gives taxpayers until October 15 to file their 2020 tax return but does not grant an extension of time to pay taxes due. Taxpayers should pay their federal income tax due by May 17, 2021, to avoid interest and penalties.
2022 tax filing season begins Jan. 24; IRS outlines refund timing and what to expect in advance of April 18 tax deadline
IR-2022-08 was issued on January 10, 2022. WASHINGTON — The U.S. Department of State has issued a statement saying that On Monday, January 24, 2022, the Internal Revenue Service (IRS) stated that the nation’s tax season will officially begin, when the tax agency will begin collecting and processing tax returns for the tax year 2021. Individual tax return filers will be able to begin filing their returns on January 24th, giving the Internal Revenue Service (IRS) time to complete programming and testing that is necessary to ensure that IRS systems operate efficiently.
It is also possible to claim any residual stimulus money as a Recovery Rebate Credit when the programming has been updated.
This year, it is more crucial than ever to file your tax return electronically with direct deposit and to avoid having to file a paper tax return.
People should double-check their tax returns to ensure that they are reporting the right amount in order to prevent delays.” The Internal Revenue Service (IRS) advises everyone to ensure that they have all of the information they need in order to file a full and correct return.
Those who received advance Child Tax Credit payments or Economic Impact Funds (American Rescue Plan stimulus payments) in 2021 will need to know the amounts of these payments in order to prepare their tax returns.
Individuals filing tax returns will be similar to those who did so last year, even though they were not required to do so.
Individuals who do not regularly submit tax returns may be eligible for additional credits.
April 18 tax filing deadline for most
For the vast majority of taxpayers, the filing deadline for 2021 tax returns or an extension to file and pay tax owing is Monday, April 18, 2022, and for others, it is even later. Washington, D.C., holidays, like federal holidays, have the same effect on tax deadlines for everyone, according to the law. Because of the Emancipation Day holiday in the District of Columbia for everyone except taxpayers who live in Maine or Massachusetts, the due date has been moved up from April 15 to April 18 instead of April 15.
Because of the Patriots’ Day holiday in both states, taxpayers in Maine and Massachusetts have until April 19, 2022, to file their tax returns, according to the IRS. Extending the deadline for filing is Monday, October 17, 2022 for those who want an extension.
Awaiting processing of previous tax returns? People can still file 2021 returns
Rettig stated that IRS staff are continuing to put in long hours on crucial areas affected by the epidemic, including as the processing of tax returns from the previous year and the high volume of phone calls that are being received. “Sadly, we are unable to provide the level of service and enforcement that our citizens and tax system deserve and require in many places. This is a source of frustration for taxpayers, IRS personnel, and for me personally “Rettig expressed himself. “Taxpayers deserve more from the IRS, and we will continue to do everything we can with the resources we have in 2022 to meet their expectations.
It is our goal to provide the greatest amount of service while also safeguarding the health and safety of our workers and taxpayers.
The Internal Revenue Service had processed approximately 169 million tax returns as of December 3, 2021.
Taxpayers will not be required to wait for their 2020 tax returns to be fully completed before filing their 2021 tax returns, and they will be able to file whenever they are ready.
Key information to help taxpayers
Employees at the IRS, according to Rettig, are continuing to put in long hours on vital tasks related to the epidemic, such as completing tax returns from last year and answering a record number of phone calls. “Sadly, we are unable to provide the level of service and enforcement that our taxpayers, as well as our tax system, deserve and require. The IRS, taxpayers, IRS staff, and myself are all frustrated by this situation “This was said by Rettig “Taxpayers deserve more from the IRS, and we will continue to do everything we can with the resources we have in 2022 to meet their expectations.
As much as feasible must be delivered while simultaneously safeguarding the health and safety of our employees, as well as the health and safety of taxpayers.
Approximately 169 million tax returns had been handled by the Internal Revenue Service as of December 3, 2021.
For the most part, taxpayers will not have to wait for their 2020 tax returns to be fully completed before filing their 2021 tax returns; instead, they will be able to file whenever they are ready.
File electronically and choose direct deposit
The Internal Revenue Service (IRS) encourages taxpayers to submit electronically with direct deposit information as soon as they have all of the information they need to file an appropriate return in order to expedite refunds. If the return contains mistakes or is incomplete, it may be subject to additional examination, which might delay the processing of the tax refund. Having all of the information accessible when completing the 2021 tax return can help to lessen the likelihood of errors and delays in the processing of the return.
The Internal Revenue Service has updated its forms and instructions to reflect recent tax law changes, and it has shared the modifications with its partners that produce the software that is used by people and tax professionals to prepare and submit their returns with the IRS.
Visit the IRS website atIRS.gov/forms for the most up-to-date IRS forms and instructions.
Free File available January 14
Beginning on January 14, participating providers will take completed tax returns and retain them until they can be electronically filed with the Internal Revenue Service (IRS). Before the IRS’s systems open on January 24, several commercial tax preparation software businesses as well as tax preparation specialists will start receiving and preparing tax returns for submission when the IRS systems open. The Internal Revenue Service aggressively encourages individuals to submit their tax returns online in order to reduce mistakes and expedite refunds – as well as to ensure that they have all of the information they need to complete a correct return in order to prevent delays.
More information will be made accessible on Free File later this week, according to the company.
Watch for IRS letters about advance Child Tax Credit payments and third Economic Impact Payments
The Internal Revenue Service began delivering Letter 6419, the 2021 advance Child Tax Credit, in late December 2021 and will continue to do so until the end of January 2022. There is vital information in the letter that may be used to verify that the return is accurate. Users of the CTC Update Portal, which is available on IRS.gov, can also check on the amount of the payments they have received in advance of the CTC payments they have received. A tax return for 2021 should be filed by eligible taxpayers who received advance payments of the Child Tax Benefit in order to receive the second half of the credit.
- Individuals who got a third economic impact payment in 2021 will begin receiving Letter 6475, Your Third Economic Impact Payment, from the Internal Revenue Service in late January.
- If this is the case, they must file a tax return for the year 2021 in order to collect the leftover stimulus funds.
- Both letters provide critical information that will assist consumers in preparing an appropriate tax return for the year 2021.
- Using this information while preparing a tax return online can help to decrease the likelihood of mistakes and delays in the processing of the return.
The quickest option for qualified individuals to get their tax return in 2021, which will include their allowed Child Tax Credit and Recovery Rebate Credit, is to file electronically and choose direct deposit as their method of distribution.
Tips to make filing easier
The Internal Revenue Service (IRS) advises taxpayers to take the following procedures to prevent processing delays and expedite refunds: Organize and collect tax data from the year 2021, including Social Security numbers, Individual Taxpayer Identification Numbers, Adoption Taxpayer Identification Numbers, and this year’s Identity Protection Personal Identification Numbers that will be valid for the calendar year 2020.
- IRS.gov is the best place to go for the most up-to-date tax information, including the most recent information on reconciling early payments of the Child Tax Credit or claiming a Recovery Rebate Credit for missed stimulus payments, among other things.
- To gain access to personal tax account information, including balances, payments, and tax records, such as adjusted gross income, go to IRS.gov/account and create an account or log in securely to your account.
- Individuals who wish to use direct deposit must submit their routing and account numbers, which can be obtained through a bank account, prepaid debit card, or mobile app.
- When you’re ready, file your return electronically with all of the necessary information and select direct deposit for the fastest refund.
Key filing season dates
There are various crucial dates for taxpayers to keep in mind throughout this year’s filing season, including the following:
- The IRS Free File becomes available on January 14. Residents can begin submitting tax returns through IRS Free File partners on January 24
- Tax returns will be submitted to the Internal Revenue Service on January 24. Tax software providers are also accepting tax returns that have been filed in advance. The deadline for making the fourth quarter anticipated tax payment for the tax year 2021 is January 18. The Internal Revenue Service (IRS) opens tax season in 2022 on January 24. Individual tax returns for the year 2021 begin to be submitted, and processing begins. Earned Income Tax Credit Awareness Day is observed on January 28th to increase awareness of the beneficial tax credits that are available to many people – including the opportunity to use prior-year income to qualify
- Emancipation Day celebration in Washington, D.C. makes April 18 the deadline to submit a 2021 tax return or request an extension, as well as pay any taxes owing. This applies to everyone, including those who do not live in the city. Due to the Patriots’ Day holiday, the deadline to submit a 2021 tax return or request an extension, as well as pay any taxes owed, is April 19 for people who live in Massachusetts or Maine. October 17: The deadline to submit for individuals requesting an extension on their tax returns for the year 2021.
It is never too early to begin preparing for the upcoming tax-filing season. Check out the Get Readypage on IRS.gov for further information and resources.
Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline
Date: March 17, 2021 (IR-2021-59). WASHINGTON — The U.S. Department of State has issued a statement saying that Treasury and the Internal Revenue Service announced today that the federal income tax filing deadline for individuals submitting their taxes for the 2020 tax year would be automatically extended from April 15, 2021, to May 17, 2021, as part of an automatic extension. The Internal Revenue Service will issue official instructions in the coming days. According to IRS Commissioner Chuck Rettig, “This continues to be a difficult time for many people, and the IRS wants to continue to do everything possible to assist taxpayers navigate the unusual circumstances associated with the pandemic, while also working on important tax administration responsibilities.” “However, even with the revised deadline, we strongly encourage taxpayers to consider submitting their returns as soon as possible, particularly those who are entitled refunds.
- File online with direct deposit to obtain refunds as promptly as possible.
- Individual taxpayers, including those who are self-employed, are eligible for a delay of their tax obligations.
- Individual taxpayers who pay their taxes by May 17 will automatically avoid interest and penalties on the amount they owe.
- The IRS will accept Form 4868 from individual taxpayers who require more time to file beyond the May 17 deadline.
- 15 by submittingForm 4868 using their tax professional, tax software, or the Free Filelink on IRS.gov Filing It is possible to file Form 4868 until October 15, 2020, but it does not allow an extension of time to pay any taxes that are owed.
- The Internal Revenue Service (IRS) encourages taxpayers who are entitled a refund to file as soon as feasible.
- There is no relief for projected tax payments that are due on April 15, 2021, which are excluded from this provision.
- Taxes must be paid as soon as a taxpayer earns or receives income during the year, either through withholding or through the payment of anticipated taxes.
The majority of taxpayers have their taxes automatically taken from their paychecks and filed to the Internal Revenue Service by their employer.
State tax returns
The extension of the federal tax filing deadline to May 17, 2021, applies only to individual federal income tax returns and payments (including self-employment tax payments) that were otherwise due on April 15, 2021; it does not apply to state tax payments or deposits, or payments of any other type of federal tax. The filing of income tax returns in 42 states, as well as the District of Columbia, will be mandatory for taxpayers. The filing and payment dates in each state differ and are not necessarily the same as the federal filing and payment deadline in each state.
Winter storm disaster relief for Louisiana, Oklahoma and Texas
Following the disaster designations made by the Federal Emergency Management Agency (FEMA) earlier this year, the Internal Revenue Service (IRS) provided compensation for victims of the February winter storms in Texas, Oklahoma, and Louisiana, among other states. These states have until June 15, 2021, to submit a variety of individual and corporate tax forms and make tax payments to the federal and state taxing authorities. The deadline for submitting proposals has been extended until May 17.
Tax Day 2022: When’s the Last Day to File Taxes?
The deadline for most Americans to file their federal income tax returns for the tax year 2021 is April 18, 2022. Take note that we mention “the vast majority of Americans.” Taxpayers in two states have until April 19 to file their 1040 tax returns with the Internal Revenue Service. Victims of some natural disasters are also given more time to make a claim, with different filing deadlines depending on when the event occurred. In any case, if you are unable to submit your federal tax return by the due date, it is rather simple to obtain an automatic six-month extension until October 17, 2022, by filing Form 4868 or making an electronic tax payment (both of which are available online).
Take note, however, that an extension of time to file does not extend the time for you to pay your taxes.
You may also be subject to extra fines if you file and pay your tax returns late.
Why Are Taxes Due April 18 Instead of April 15 This Year?
To be sure, the majority of people are aware that Tax Day is normally on April 15th, unless it comes on a weekend or holiday, in which case it is moved to the next available business day. Due to the fact that April 15 falls on a Friday this year, the weekend rule does not apply. Nevertheless, Emancipation Day is honored in the District of Columbia on April 15, which is a federal holiday. The holiday commemorates the abolition of slavery in the United States capital of Washington, D.C.
Because April 15 is a legal holiday in the District of Columbia, the Internal Revenue Service cannot force tax returns to be submitted on that day. The following business day is April 18, which means that for the majority of individuals in 2022, it will be Tax Day.
Tax Filing Deadline for Maine and Massachusetts Residents
It will be possible for residents of Maine and Massachusetts to file their federal income tax returns for one additional day — until April 19. Why? For the first time in a long time, Patriots’ Day, an official state holiday in Maine and Massachusetts that celebrates Revolutionary War engagements, occurs on April 18. Consequently, for the same reason that Tax Day for most people has been postponed from April 15 to April 18 (i.e., because of a local holiday), the IRS is unable to establish the tax filing and payment due date for taxpayers in those two states on April 18.
Natural Disaster Victims Get Tax Filing and Payment Extensions
Whenever the Federal Emergency Management Agency (FEMA) designates a disaster region following a natural catastrophe, the Internal Revenue Service (IRS) normally steps in to provide tax relief to disaster victims in the form of tax filing and payment extensions. Individuals and businesses dwelling or operating in a disaster region have had their tax filing and payment deadlines extended to April 18 (or April 19) in the case of some recent natural catastrophes. So far, victims of the following natural disasters have been given extensions to the filing and payment deadlines for their federal personal income tax returns for the current tax year:
- Severe storms and tornadoes in Arkansas, Illinois, Kentucky, and Tennessee that began on December 10 (with an extension to May 16)
- Wildfires and straight-line winds in Colorado that began on December 30 (with an extension to May 16)
- And severe thunderstorms and tornadoes in Oklahoma that began on December 10 (with an extension to May 16).
Wildfires and straight-line winds in Colorado that began on December 30 and will continue until May 16; severe storms and tornadoes in Arkansas, Illinois, Kentucky, and Tennessee that began on December 10 and will continue until May 16; and
State Tax Return Due Dates
Don’t forget to file your state tax return as well! The deadline for filing state income tax returns is usually the same as the deadline for filing federal income tax returns — but there are certain states that have distinct deadlines. In order to find out when your state tax return is due, contact the state tax department in the area where you live.
Here’s the deadline for your 2021 tax return
Following a stressful filing season in 2020, the 2021 filing season looks to be returning to normalcy: The IRS stated Monday that the deadline to file federal taxes for most persons for the year 2021 is Monday, April 18. This is due to the fact that April 15, Emancipation Day, is a federal holiday in Washington, D.C. As a result, citizens of Maine and Massachusetts have until April 19 to file their federal income tax returns, as April 18 is Patriot’s Day in both states. Those seeking an extension have until October 17, 2022, to submit their request.
In 2017, the filing season was postponed for a few weeks so that the IRS could make preparations for the Covid-19 relief programs, and the deadline was moved to May 17.
The federal Covid-19 relief for individuals has already been distributed in large part; however, much of it, including the third stimulus check, changes to unemployment insurance, the suspension of federal student loan repayments, and the enhanced child tax credit, can still have an impact on 2021 tax returns.
These letters should assist tax payers in determining whether or not they have received the right amount of money and in reconciling any errors that may have occurred.
It anticipates that the vast majority of taxpayers who are due a refund will get it within 21 days after filing their return electronically, providing that there are no problems with the return.
Now is the time to sign up: Our weekly email will help you become more knowledgeable about money and your profession. Don’t miss out on: The impact of Covid-19 relief on your financial situation in 2022, from the stimulus cheque to unemployment insurance.
✓ Tax Day Deadline April 15 Changed to Due April 18, 2022
There are only 1 hour left to e-file your taxes. Below is a list of e-filing Tax Day deadlines for the Tax Year 2021 (January 1 – December 31, 2021) income tax returns or ITRs for Tax Season 2022 (e-filing Tax Day deadlines for Tax Season 2022). Forms, deadlines, and calculators for prior or back tax years, as well as tax deadlines for past taxes, may be found here. Don’t make the mistake of being penny wise and tax foolish! eFile.com makes it easier to file your paperwork. eFile.com Taxation Suggestion: Most taxpayers are not aware of the fact that, in most cases, the penalties for failing to file a return on time are greater than the penalty for failing to pay taxes on time: Even if you are unable to pay anything, you should file anything!
- In this case, file your e-filing on schedule and pay whatever amount you can afford.
- If forced to choose, it is preferable to file on time rather than to pay on time!
- Start preparing your 2021 taxes and placing yourself in the tax refund queue right away: Make an educated guess about when your tax refund will arrive.
- Learn about the factors that have contributed to eFile.com’s success, including the reasons that taxpayers are selecting and trusting eFile.com as their personal online tax preparation and e-File service: Taxes are made simple once more by us!
- Take the risk of comparing with TurboTax or H R Block 2) and avoid being TurboTaxed or TurboCharged.
Income Tax Return Deadlines, Tax Due Dates
When are the taxes for the year 2021 due? How much time do I have to file my taxes for the year 2021? Find out what dates you need to remember in order to prepare your 2021 taxes. The table below is categorized by due date, topic (e.g., return type, date to receive your forms, extension, etc.), and a brief explanation with useful links to more information. Deadlines Description of the Tax Topic Preparation of Tax Returns Prior to Filing 15th of January to 15th of October, 2022 Date of IRS Tax Refund Estimate for 2022 -DATE ucator Tool is an abbreviation for Make an educated guess about when you could get your 2021 federal tax refund from the IRS once you have e-filed or submitted an acceptable 2021 federal tax return.
- The IRS income tax return deadline for 2021 income tax returns is April 15, 2022.
- 3)The date of April 18 is not a misprint; the deadline was moved from April 15 to April 18 in 2022 owing to Emancipation Day commemorations in Washington DC.
- Furthermore, if you owe taxes, you will not be in jeopardy of missing the tax deadline.
- eFileIT is available now!
- Find out the specific state deadlines for each state (s).
- Because of IRS/state laws, rather than eFile.com policy, a state return, with the exception of California, may only be e-Filed in combination with a federal return.
- Please refer to the guidelines on how to prepare and mail-in ONLY one or more state returns (s).
Plus According to IRS and state restrictions, you cannot just e-file a state return anywhere, with the exception of California returns.
The date is April 18, 2022.
Tax extensions should only be utilized when you require additional time to prepare for filing, not when you require further time to pay.
Plus If you do not owe taxes, many states may automatically give you a tax extension.
This payment will be used as a temporary extension.
By the middle of 2022, it is planned to be possible to e-File Form 1040X amendments.
Tax facts and specifics for each state.
See 2018 Tax Forms and Tools for further information.
The IRS has extended the deadline for submitting your 2018 IRS Tax Return on paper and claiming a tax refund until April 15, 2022.
Your refund will be forfeited if you do not claim it by that date.
Video: Don’t Be Stressed 15th of June, 2022 U.S.
resident aliens who work and live abroad (in countries other than the United States and Puerto Rico) have until June 15, 2022 to eFile or file their tax returns or tax extensions, as well as pay any taxes owed.
IRS tax payments must be made online by June 15, 2022 -Payment Options.
You will no longer be able to e-file a 2021 Tax Return after October 15, 2020, and until October 17, 2022.
It is possible that late payment penalties will apply.
Where is my federal refund for the tax year 2021?
Alternatively, where has my state reimbursement gone?
In the event that you personally and/or jointly possess one or more reportable foreign bank accounts for which you are obliged to submit an FBAR – FinCEN Report Form 114 – for the current tax year, you must prepare and electronically file Form 114.
For state tax returns due in 2021, you may eFile them along with your federal return; for past taxes, visit the website for paperwork to fill out, sign, print, and mail.
They can no longer be submitted electronically!
IRS Tax Return Submission Deadline For Tax Year 2021, the federal tax return date is the same as the state tax return due, which is normally the same as well.
More information may be found by selecting a state from the drop-down menu on this page. Specifics may differ from one state to the next. Tax deadlines for submitting income tax returns, tax estimates, and more may be found at: tax deadlines for filing income tax returns.
Previous Income Tax Year Returns
You will not be able to electronically submit federal or state income tax returns for Tax Year 2020 or earlier. However, eFile.com enables quick and simple access to all of the relevant federal income tax year forms, as well as the tax year calculators that are linked with them. Take into consideration the fact that these tax calculators are completely free and are meant to provide you with an accurate estimate of your tax refund or tax due for the current tax year. Prior year state tax return forms may be found on the state tax pages of efile.com on the appropriate state tax pages.
If You Owe Back Taxes
Unless you have filed and paid all of the taxes due for one or more previous tax years, you will almost certainly be liable to late filing and late payment penalties if you intend to owe taxes for one or more of those previous tax years. As quickly as possible, eFile.com suggests that you execute the procedures outlined below:
- Obtain the appropriate tax forms for the tax year in question by downloading them. The second step is to make use of the tax calculator and resources available for the specific tax year, particularly this tax penalty calculator. Step 3: Complete the income tax forms and submit them to the Internal Revenue Service and/or the appropriate state tax office. Fourth, even if you are unable to pay your taxes, use the measures outlined above and pay whatever amount you are able to afford to. You will, at the very least, avoid the late filing penalties, which are generally larger than the late payment penalties.
If You Expect a Tax Refund
If you expect to get a tax refund for one or more previous tax years but have not filed an IRS or state income tax return, you will almost certainly not be subject to late filing penalties and will almost certainly not be subject to late payment penalties as well. However, you will only be able to collect your tax refund three years after the end of the tax year in question. Unfortunately, your tax refund will expire after three years, and you will no longer be able to receive your hard-earned money back from the Internal Revenue Service.
- The majority of states adhere to these or comparable tax refund expiry regulations and deadlines.
- This will ensure that you can e-file, that you will receive your refund more quickly, and that any tax penalties will be reduced or eliminated.
- 3) TurboTax ® is a registered trademark of Intuit, Inc., and HRB Innovations, Inc.’s H R Block ® is a registered trademark of Intuit, Inc.
- TurboTax ® is a trademark of Intuit, Inc.
- HRB Innovations, Inc.
When are Taxes Due? Important Tax Deadlines and Dates
As the year 2021 approaches, make sure your calendar is up to date with the crucial deadlines, dates, possible extensions, and other elements that will be relevant to both individuals and organizations. In order to learn more about the third coronavirus relief package, please see our blog article entitled ” American Rescue Plan: What Does it Mean for You and a Third Stimulus Check.”
When are taxes due?
The year 2021 was a busy one for taxes, with everything from extensions and exemptions to loans and stimulus cheques.
Are you concerned about how all of these changes will influence your tax deadlines for the 2021 tax year, as well as the taxes you’ll submit in 2022? Those of you who are asking, “When are taxes due, anyway?” will find the following list of crucial dates useful.
Important Tax Deadlines and Dates
|January 15, 2022||4th-quarter 2021 estimated tax payment dueIf you’re self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, get them postmarked by January 15, 2022.|
|April 18, 2022||1st-quarter 2022 estimated tax payment dueIf you’re self-employed or have other income that requires you to pay quarterly estimated taxes, get yourForm 1040-ESpostmarked by this date.|
|April 18, 2022||Individual tax returns due for tax year 2021The due date for filing tax returns and making tax payments is April 18, 2022.If you haven’t applied for an extension,e-fileor postmark your individual tax returns by midnight. The Individual Tax Return Extension Form for Tax Year 2021 is also due on this day.|
|Last day to make a 2021 IRA contributionIf you haven’t already funded your retirement account for 2021, do so by April 18, 2022. That’s the deadline for a contribution to a traditional IRA, deductible or not, and a Roth IRA. However, if you have a Keogh, SEP, or other eligible plan and you get a filing extension to October 17, 2022, you can wait until then to put 2021 money into those accounts.|
|June 15, 2022||2nd-quarter 2022 estimated tax payment dueIf you’re self-employed or have other income that requires you to pay quarterly estimated taxes, make sure your payment is postmarked by this date.|
|September 15, 2022||3rd-quarter 2022 estimated tax payment dueIf you’re self-employed or have other income that requires you to pay quarterly estimated taxes, make sure your third-quarter payment is postmarked by September 15, 2022.|
|October 17, 2022||Extended individual tax returns dueIf you got a filing extension on your 2021 tax return, you need to complete it and e-file or have it postmarked by October 17, 2022.|
|January 15, 2023||4th-quarter 2022 estimated tax payment dueIf you’re self-employed or have other income that requires you to pay quarterly estimated taxes, get them postmarked by January 15, 2023.|
What if I miss a tax deadline?
If you missed one of these important tax deadlines, there are still choices available to you. They are dependent on whether deadline was missed and whether you owe money or are entitled a refund when you make your decision.
If you miss the tax filing deadline and are owed a refund
If you overpaid your taxes for the tax year 2021, there is normally no penalty for filing your tax return later than is required by law. You should, however, file your claim as quickly as feasible. In most cases, you have three years from the date of your tax return’s due date to file a tax refund claim. This means that the filing window for tax returns for 2021 will conclude in 2025. Unclaimed tax refunds are normally forfeited to the United States Treasury after three years of being unclaimed.
If you miss the tax filing deadline and owe tax
If you have missed a tax filing deadline and owe money to the IRS, you should file your tax return as soon as possible to avoid further penalties and interest. Every day that your tax return is late, the IRS typically assesses interest, failure to file penalties, and failure to pay penalties against you until you file your return and pay the balance owed to the government.
If you miss an estimated tax payment deadline
You should make your anticipated tax payment as soon as you are able if you have missed it. The IRS levies penalties and interest based on how much you owe and how late you are in making your payment, but you may reduce the amount of harm you suffer by completing your payment as soon as possible.
What if I owe more than I can pay?
As a result of the flu epidemic, job losses, and other circumstances, a large number of people are experiencing financial difficulties this year. If you are one of them, it is possible that you will not have the finances available to pay your tax obligation by the due date. However, you should not put off completing your tax return just because you cannot afford to pay the amount due on the day you are required to file your return. The Internal Revenue Service (IRS) begins collecting penalties and interest on the day the return is due, regardless of when you submit.
What’s the fastest way to file my tax return?
Filing your tax return electronically is the most efficient method of doing it. E-filing your tax return with the Internal Revenue Service is more secure than paper filing with the IRS. Because your tax return is electronically submitted to the Internal Revenue Service, you won’t have to worry about it getting lost in the mail or coming late to your appointment. You’ll also receive immediate notice that the Internal Revenue Service has received and begun processing your return. If you’re waiting for a tax return, the quickest method to collect your money is to have it electronically transferred into your bank account, which is what we recommend.
What if I need more time?
Make sure you do not rush through the tax filing procedure and end up making a mistake on your return because of an approaching tax deadline. Requesting an extension is simple. The Internal Revenue Service (IRS) automatically offers a six-month extension of the tax filing deadline to anybody who seeks one. It is possible to seek an extension electronically using TurboTax or through the mail using Form 4868.
It’s important to remember that a tax extension only provides you with additional time to complete your return, not additional time to pay the tax you owe. You’ll need to make an educated guess as to how much you owe and make your payment before the tax filing deadline passes.
If you require more time because you reside in a disaster-affected region, you may be eligible for tax assistance from the Internal Revenue Service. The Internal Revenue Service (IRS) frequently extends the deadline for submitting tax returns for taxpayers who live or operate a company within a federally declared disaster region. For example, the Internal Revenue Service (IRS) stated that it will postpone tax filing and payment deadlines for taxpayers affected by the California wildfires in September 2020.
They previously had until October 15, 2020 to file their taxes.
What if I made a mistake and need to refile my taxes?
It does happen. Following the filing of your tax return, you discover that you failed to record particular income or to claim a specific tax credit. You are not required to redo your whole tax return. Simply file a Form 1040-X amendment to correct the error. IRS Document 1040-X is a two-page form that can be used to alter a previously filed tax return with the Internal Revenue Service. TurboTax can guide you through the amendment procedure and, starting with the 2019 tax year, it can even e-file your updated tax return on your behalf, saving you time and money.
TurboTax has you covered
The filing deadline for taxes is a source of anxiety for many taxpayers, but you can rest certain that TurboTaxi will be there to assist you as soon as you are prepared to do so. TurboTax asks you a few easy questions about your tax status and then assists you in filling out the appropriate forms and identifying every deduction that you are eligible for, ensuring that you receive every dollar that you are entitled to. In the event that you have any issues, you may connect live to a TurboTax Livetax expert for limitless tax help, or you can even have a tax professional or CPA file your taxes for you from start to finish.
With TurboTax, you can be certain that your taxes will be completed correctly, whether they are basic or complex tax returns, regardless of your situation.
Last Chance to Claim Your Tax Refund
Currently being updated for Tax Year 2021 / January 11, 2022 at 8:21 p.m. OVERVIEW A taxpayer who fails to file their income taxes has three years to file a return and receive a refund under the provisions of the law. In most cases, the three-year countdown begins on the day that the return is due, including any extensions, and continues until the return is filed. In order to learn more about the third coronavirus relief package, please see our blog article entitled ” American Rescue Plan: What Does it Mean for You and a Third Stimulus Check.” Every year, over a million Americans fail to file their income tax returns.
Procrastinators have three years to file a return and receive a refund, according to the legislation.
Late filers who do not owe any taxes are not subject to any penalties, and they may even be entitled for credits in addition to the money withheld from their income.
Forgotten tax withholdings
The Internal Revenue Service establishes minimum gross income thresholds below which people are not required to submit a tax return. Example: For tax year 2021, people under the age of 65 who are unmarried and earned less than $12,550 or heads of household who earned less than $18,800 are normally exempt from filing their taxes, unless there are exceptional circumstances. These non-filers may have been unaware of the fact that their employer withheld income tax during the year, resulting in money owed to them by the Internal Revenue Service.
Non-filers also forfeit the opportunity to get the Earned Income Tax Credit, often known as the EITC, if they do not file.
It’s possible that you’re overlooking an opportunity to earn a tax refund.
Time matters with tax refunds
The deadline to file your original 2018 tax return in order to be eligible for a refund is April 18, 2022. If you were granted an extension for your 2018 tax return, your new deadline is October 17, 2022, rather than October 17, 2018. You will not get any refund if you do not meet the deadline. Any excess in the amount of tax you paid with each paycheck or received as quarterly anticipated payments in 2018 will be transferred to the United States Treasury rather than to you. As a result, you forfeit the ability to apply any return monies to a subsequent tax year in which you owe income tax.
It may be used to pay for the following things:
- Student debts that are past due, child support that is past due, and federal tax obligations that you owe
When the IRS does not receive the two consecutive yearly returns, it has the authority to withhold refund cheques. As a result, you should file your tax returns for 2019 and 2020 as soon as you possibly can. The three-year grace period expires on April 18, 2022, for the 2019 tax year, with a filing date in April 2020 and a filing deadline in April 2020.
Don’t forget your credits
It is possible that tax payers who do not employ a professional or online tax preparation service may not be aware of the tax credits that are available to them unless they read or keep up with tax-related news. Unclaimed 2018 tax credits account for a portion of the $1 billion in unclaimed funds in the Internal Revenue Service’s coffers. Low and moderate-income individuals may be eligible for the Earned Income Tax Credit even if they did not have to pay any taxes. If your 2018 income was below these thresholds, you may be eligible to claim the EITC if you file your claim before April 15, 2021:
- 15270 ($20950 if married filing jointly) and no qualifying children
- 40320 ($46010 if married filing jointly) and one qualifying child
- 45802 ($51492 if married filing jointly) and two qualifying children
- $49194 ($54884 if married filing jointly) and three or more qualifying children
- And $49,194 ($54,884 if married filing jointly) and four or more qualifying children
People who need to claim refunds for the 2018 tax year may be eligible for various tax credits in addition to the EITC, which include the following:
- Refundable credit for prior year minimum tax (Form 1040 required)
- Credit for federal tax on fuels (Form 1040 required)
- Additional child tax credit
- American Opportunity Credit
- Adoption credit
- Refundable credit for prior year minimum tax
- Health coverage tax credit (Form 1040 required)
- Credit for federal tax on fuels (Form 1040 required).
Obstacles to your tax refund
One of the mountains you’ll have to conquer in order to receive your refund is assembling all of the relevant documentation. Your rise will be simple if your financial documents have been kept up to date. As a result, you must allow for additional time in your filing schedule in order to receive a copy of your W-2 from your employer, as well as any 1099 forms that you may be missing from your bank or other payers. If you are unable to locate the documents you need, the IRS can assist you. In order to get a transcript of these information returns, you must complete and submit Form 4506T, “Request for Transcript of Tax Return,” and tick the box marked “Box 8.” Please allow up to ten business days for a response.
Downloadable versions of the 1040 series of tax forms are available through the “Prior Year Returns” link on the agency’s “Forms and Publications” web page, and hard copies can be obtained by calling (800) 829-3676.
Regardless of the filing option you pick, make sure to sign it since the IRS will not pay refunds to late filers unless they have signed the paperwork.
Simply visit our Products from Previous Years page and download the software for the tax year that you want.
Remember, with TurboTax, we’ll ask you a few easy questions about your life and assist you in filling out all of the necessary tax paperwork. With TurboTax, you can be certain that your taxes will be completed correctly, whether they are basic or complex tax returns, regardless of your situation.
All you need to know is yourself
Provide straightforward answers to a few easy questions about your life, and TurboTax Free Edition will take care of the rest. Simple tax returns are all that are required. In the preceding article, generalist financial information intended to educate a broad part of the public is provided; however, customized tax, investment, legal, and other business and professional advice is not provided. Whenever possible, you should get counsel from an expert who is familiar with your specific circumstances before taking any action.
When Are Taxes Due? Tax Deadlines For 2022
We at Bankrate are dedicated to assisting you in making more informed financial decisions. Despite the fact that we adhere to stringent guidelines, this post may include references to items offered by our partners. Here’s what you need to know about
When is Tax Day 2022?
April 18, 2022, is the date for submitting your taxes for the year 2021. Every year, the United States government designates April 15 as the deadline for filing federal income taxes. Emancipation Day is celebrated on April 16th in Washington, D.C. Due to the fact that April 16 falls on a Saturday this year, the holiday will be commemorated on the next available working day, April 15. The Internal Revenue Service has not yet announced when it will begin receiving tax returns for the year 2021, although in recent years, the deadline has often fallen around the middle of February.
Tax Day in the United States has been observed on the same day every year since 1955, with just a few exceptions: April 15.
However, you shouldn’t anticipate any additional time to pay and file your 2021 return because of the COVID-19 epidemic.
Will the tax deadline be extended again?
That is yet to be determined. The Internal Revenue Service first stated that it had no intentions to extend the tax-filing deadline for the 2020 tax year, but it then changed its mind and decided to extend the regular April 15 deadline to May 17, 2021. In reaction to the COVID-19 epidemic, the IRS likewise postponed Tax Day the year before (for the 2019 tax year). Despite the fact that the pandemic’s current situation is in flux, the Internal Revenue Service has not indicated that it will postpone the tax-filing deadline for the third year running.
Can I file an extension?
If you want additional time to prepare and file your 2021 tax return, you can seek an extension, just as you did in previous years. Before the deadline of April 18, 2022, you must complete and submit Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, to the Internal Revenue Service. According to the IRS, you must pay the estimated income tax that you owe at the same time as you file Form 4868 in order to avoid penalties and interest. In most cases, taxpayers are automatically allowed a six-month extension to submit their returns, or two months if they are abroad of the country, in which case the extension also applies to the payment of any taxes owing.
For a chance to be considered for an extension, you must submit Form 4868 by April 18, 2022. Unless your request is refused, you will not be told of the decision.
When are taxes due if I file an extension?
In the event that you file Form 4868 and are granted an automatic six-month extension, you will have until Oct. 17, 2022, to file your 2021 tax return, unless you request a different extension. If you already know that you’ll require an extension, file Form 4868 as soon as possible to avoid having to file it later. That way, if something goes wrong with your application, you’ll have plenty of time to correct any problems and resubmit it before the April 18 deadline for filing your taxes. This also guarantees that you have the time to prepare your documentation for the extended deadline in October.
When are estimated taxes due?
Those who pay anticipated taxes have a somewhat different filing schedule than the rest of the population, as is explained below. Self-employed individuals, as well as those who operate in comparable entrepreneurial or independent contractor roles, are among those who are required to pay quarterly estimated taxes. The following condition applies to you if your paycheck does not have income taxes deducted from it before it reaches your bank account: Estimated taxes are due quarterly and must be submitted with Form 1040-ES, which is also known as the estimated tax return.
- First-quarter payments are due on April 18
- Second-quarter payments are due on June 15
- Third-quarter payments are due on September 15
- And fourth-quarter payments are due on January 18, 2022.
Note: This year, quarterly tax payments are due on April 18, the same day as Tax Day. However, because the deadline to pay estimated taxes on self-employment income earned in the fourth quarter of 2021 falls on a Saturday and Monday, January 17, is Martin Luther King Jr. Day (a federal holiday in the United States), the deadline to pay estimated taxes on self-employment income earned in the fourth quarter of 2021 has been pushed back to January 18, 2022. In the event that nothing interferes with the program, this is the normal schedule to follow.
Your employer is responsible for submitting those figures to the Internal Revenue Service and for altering the amount of money withheld from your paycheck to fulfill your tip withholding requirements.
- Tax brackets
- How to monitor your tax refund
- How to file your taxes
- The average amount of a tax refund