The IRS had extended the tax filing deadline for the past two years due to the COVID-19 pandemic. But as things settle, taxpayers will need to send in their tax returns by Monday at midnight.
The IRS had extended the tax filing deadline for the past two years due to the COVID-19 pandemic.Those who need more time can still file an extension. This will allow taxpayers to file until October 17.
People will need to file Form 4868. It is a one-page form that asks for basic information, including name, address and Social Security number. An ITIN is not required to file for an extension, but it is necessary to file taxes.If taxpayers don’t request an extension by April 18, they could face a “failure to file” penalty. The penalty rate is 5% of unpaid taxes for each month that taxes are unfiled.As of April 1, 91 million people have filed their returns.
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