7 tips for procrastinating taxpayers before the deadline


The IRS encourages taxpayers to file a complaint if they have been mistreated. About 80 percent of Japanese workers never file a tax return.

"There have been cases where people who came in thought that they owed and then due to tax credits that they had available to them they actually had a slight refund", he said. Everyone can use Free File to file for an extension, Form 4868, if they can't meet the April 18 deadline. Overall, this year, the IRS expects to receive 13 million extension requests from taxpayers. The majority of taxpayers say they start preparing for tax season at least a "few months" before the deadline, according to a survey of 1,000 consumers last month by Adobe Digital Insights.

Returns are due on the due date, but if you miss that due date, you can still file the return for up to three years, and still get your refund.

Henares, however, denied the accusation, saying Dalanon had made a wrong assessment of the company's tax dues after two rounds of review. This form requires that individuals estimate their tax liability to determine the amount they must pay by April 18. But if you need more time to file state taxes, too, note that getting a federal tax extension doesn't mean that the deadline to submit your state taxes is also extended.

Finally, don't worry that filing for an extension makes your return a target for an IRS audit - it doesn't.

By operations of law, Jaen said the deadline for filing income tax returns (ITR) on April 15, which falls on Black Saturday has been moved on Monday, April 17. Some people in our area have reported fallen victim to the scam, which claims to be someone from the IRS calling you and demanding payment over the phone.

No pre-registration is required, and payments can be scheduled up to 30 days in advance. Even though taxpayers commonly need a deadline extension, the process and documents needed for requesting an extension can be confusing.

The interest rate is now four percent per year, compounded daily, and the late-payment penalty is normally 0.5 percent per month.

Experts also say do not worry if you owe taxes.

Get and fill out IRS extension Form 4868: Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. Simply click which language you would like to hear it in.

"The IRS there sends you a postcard in early March".

If you need more time to get your taxes together, there really isn't too much of a downside to filing for an extension.

Check (and recheck) to make sure you have all the documentation you need.