USA Tax return-Deadline of October 17- IRS reminds taxpayers who requested extension

By | October 1, 2016
(Last Updated On: October 1, 2016)

IRS reminds taxpayers who requested an extension on the deadline of October 17

Every year millions of taxpayers requested an additional six months to file your tax return. If you are one of them, then youshould know that the Monday, October 17, 2016 is the deadline. This is because the October 15 falls on a Saturday.

If you have not yet presented, here are some things to keep in mind about the deadline and taxes:

  • Use IRS Free File or e-file. You can still file your tax return by e-file for free through Free File IRS. The program is available only through IRS.gov until 17 October. IRS e-file is easy, safe, and is the best and accurate way to file your taxes.
  • Use direct deposit. If you are due a refund, the fastest way to consegurilo is combining direct deposit (in English) and e-file. Direct deposit has a proven track record; eight out of 10 taxpayers get a refund they prefer.
  • Use online payment options IRS. If you owe taxes, the best way to pay is with IRS Direct Payment (in English). It is simple, fast and free way to pay from your checking or savings account. You also have other payment options online. Review it by clicking the Payments tab home page on IRS.gov.
  • Reimbursements. As you prepare to file your 2015 tax return, consider taxes in 2016. The IRS urges taxpayers to review their tax withholding as it approaches the end of this year. New factors could delay their refunds in 2017. For more information on what you can do now, see our press release published on 31 August.
  • Do not overlook tax benefits. Be sure to claim all the tax benefits for which you qualify. This could include theTax Credit Income and Credit Savings . The credit of the American Opportunity You can help with college costs.
  • Keep a copy of your tax return. Be sure to keep a copy of your tax return and records for at least three years. Among other things, this will facilitate filing your taxes next year. When you electronically file your 2016 tax return, for example, commonly you need the amount of adjusted gross income (AGI, for its acronym in English) of your 2015 tax return.
  • Present time. If you owe taxes, present in time to avoid a penalty for late filing. If you owe and can not pay all your taxes, pay as much as you can to reduce interest and penalties for late filing. You might consider a payment agreement s where you can pay in installments.
  • More time for the military. Members of the armed forces and those who serve in a combat zone generally have more time to file . If this applies to you, typically you have until at least 180 days after leaving the combat zone to file returns and pay any tax due.
  • More time for disaster areas. If you requested an extension and live or work in a disaster area, commonly have more time to submit. Currently, taxpayers in parts of Louisiana and West Virginia have additional extensions beyond 17 October. See page disaster reliefon IRS.gov for details.
  • Use easy to use tools online at IRS.gov. Use the EITC Assistant to determine whether eligible for the credit. Use the tool Assistant Tax Interactive for answers to common tax questions. The Tax Map Tax (in English) gives you access to information on tax law according to subject. Find them all here .

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Source Internal Revenue Service (IRS) .

 

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