October 15 is in less than 2 weeks…did you file your 2017 taxes?
Taxpayers tend to wait until the last minute to file their 2017 tax returns. However, if you’re one of these taxpayers who missed the April 17 tax deadline, here are some helpful tax information that you should know.
1. October 15, 2018 is the e-file and extension deadline.
After October 15, 2018, are required to paper-file your 2017 tax returns since e-file is no longer available.
2. If you have a refund waiting for you, you are not subject to penalties for filing late.
Just make sure you file your return within three years of the original due date based on the IRS statute of limitations.
3. You cannot file an extension and your tax return is considered late.
This means if you did not file an extension by April 17, you can no longer do so.
4. If you have a tax due to the IRS and did not file or pay your taxes by April 17, you will be subject to penalties.
Continue reading “8 Things You Need to Know For the 2018 Tax Deadline!”
Don’t wait until the last minute to file your 2017 tax return.
April 18th has passed for the 2018 tax season deadline. However, you can still e-file your tax return until October 15, 2018; the e-file and tax extension deadline. Even if the 2018 tax deadline has passed, those with refunds can still e-file their tax return without any penalties.
On the other hand, individuals with a tax due may end up facing interest, late filing penalties, and failure-to-pay penalties. We advise that you file your tax return as soon as possible so you receive your refund faster.
Can I still file a tax extension?
Continue reading “Can I Still File a Tax Extension for 2018?”