Yeah, April 18th. It's getting closer. If you haven't filed your taxes yet, you can either hurry up and file or you can file an extension. The IRS says by the end of March, only 80.7 million returns have been received. Sounds like *** lot, but that is well below the 168 million returns. It usually gets, if you file an extension, you get six more months, your taxes won't be due until October 16. But here's what most people don't realize you still need to pay what you owe by April 18. So yeah, you don't have to file but you got to pay by the same date as the rest of us. So how do you figure that out? The easiest way pay what you owed last year, especially if nothing changed. Or you can use an online tax calculator or tax software to estimate the amount those filing services usually don't charge you anything until you actually file. Then you can file your free extension through the IRS free file website. No matter what your income is. If you don't pay by the 18th extension or not, you'll be charged penalties. So extension or not pay now back to you.
Rossen Reports: Do this to avoid tax penalties this year
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Updated: 10:30 AM CDT Apr 6, 2023
We're days away from the tax deadline. April 18th is creeping up fast!If you haven't filed yet 鈥� you can either hurry up and file, or file an extension. The IRS said that by the end of March, only 80.7 million returns had been received. That's well below the 168 million returns it's expecting. If you file an extension, you get six more months. Your taxes won't be due until Oct. 16.But you still need to pay what you owe by April 18th. How do you figure that out? Financial experts said the easiest way is to pay what you owed last year, especially if nothing changed. Or you can use an Online Tax Calculator or Tax Software to estimate the amount. Those filing services usually don't charge you anything until you actually file. You can then file your free extension through the IRS Free File website, no matter what your income is. You can pay using Direct Pay or the Electronic Federal Tax Payment System, both on the IRS website. If you don鈥檛 pay by the 18th, the penalty is 0.5% of your unpaid taxes per month, but it will never exceed 25%.
We're days away from the tax deadline. April 18th is creeping up fast!
If you haven't filed yet 鈥� you can either hurry up and file, or file an extension. The IRS said that by the end of March, only 80.7 million returns had been received. That's well below the 168 million returns it's expecting.
If you file an extension, you get six more months. Your taxes won't be due until Oct. 16.
But you still need to pay what you owe by April 18th. How do you figure that out? Financial experts said the easiest way is to pay what you owed last year, especially if nothing changed. Or you can use an Online Tax Calculator or Tax Software to estimate the amount. Those filing services usually don't charge you anything until you actually file.
You can then file your free extension through the IRS Free File website, no matter what your income is. You can pay using or the , both on the IRS website. If you don鈥檛 pay by the 18th, the penalty is 0.5% of your unpaid taxes per month, but it will never exceed 25%.
