Current:Home > MyWhen does tax season end in 2024? Here's when you should have your taxes filed this year. -WealthSphere Pro
When does tax season end in 2024? Here's when you should have your taxes filed this year.
View
Date:2025-04-15 11:16:32
Tax season is officially underway, and with the deadline to file still a few months away, now is the time to work ahead.
The deadline for companies to submit W-2 forms to employees was Jan. 31, and for the non-procrastinators, the IRS said it began accepting tax returns Jan. 29.
Although everyone has the same deadline to file taxes, there are a few reasons you may be able to request an extension.
Whether your taxes are fairly straightforward or extremely complicated this year, here's what to know about Tax Day and the federal deadline to file.
Tax Day 2024:Here are some tax deadlines to keep in mind
When does tax season end in 2024?
Tax Day typically falls on April 15 every year, but it can be delayed if the day falls on a weekend or a holiday. This year, April 15 is on a Monday.
If you don't expect to meet the April 15 deadline, you can request a six-month extension before Tax Day to avoid any penalties and interest.
The IRS says you may qualify for an extension and do not need to submit a request electronically or on paper if you live in certain disaster areas.
When is the deadline if I file an extension?
If you file an extension (which you'll need to do by April 15), you'll have until Tuesday, Oct. 15, 2024 to file taxes.
In years where Oct. 15 falls on a Saturday, Sunday, or legal holiday, the deadline will take place the next business day, the IRS states.
What happens if I miss the tax deadline?
If you forgot or missed the deadline for another reason, the standard penalty is 5% of any tax due for every month the return is late, up to 25% of the unpaid balance.
If you file a return but fail to pay any taxes you owe, or if you get an extension and don't pay (an extension to file is not an extension to pay, the IRS reminds you), you typically face a much smaller monthly penalty of 0.5% of any unpaid amount.
Does every state have to file taxes by April 15?
Some Americans have different tax deadlines than the standard April 15.
For example, individuals and businesses in parts of Tennessee affected by the severe storms and tornadoes in December have until June 17 to file their taxes.
Residents of Massachusetts and Maine have until April 17 to file federal taxes because of state holidays.
Individuals and businesses affected by Hamas' attacks in Israel now have until Oct. 7 to file their taxes.
Parts of other states, like Michigan, Connecticut, Rhode Island and Maine, have later deadlines to file. For a full list of disaster related tax relief, visit here.
How to request an extension for a tax return
You can request an extension through the IRS, which is free.
You'll need basic information, like your name, address, Social Security number, estimated tax liability, and payment if you owe anything.
Regardless of income, individual tax filers can use IRS Free File to request an extension electronically. If you prefer to mail a paper version of the extension, called form 4868, make sure it's postmarked no later than April 15.
If you request and extension, you'll have until Oct. 15 to file your return.
Contributing: Daniel de Visé, USA TODAY.
veryGood! (7)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Dakota leaders upset after treasure hunt medallion was placed in sacred area
- New Hampshire lawmakers consider multiple bills targeting transgender students and athletes
- Pennsylvania’s governor to push for millions in funds for economic development in budget
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Why Joel Embiid's astounding stats might not be enough for him to win NBA MVP
- Official found it ‘strange’ that Michigan school shooter’s mom didn’t take him home over drawing
- Killer of pro cyclist Mo Wilson was captured with help of want ad for yoga instructor in Costa Rica
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Where are the nation’s primary care providers? It’s not an easy answer
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- North Korea says it tested long-range cruise missiles to sharpen attack capabilities
- Chita Rivera, West Side Story star and Latina trailblazer, dies at 91
- Purdue, Connecticut lead top seeds in NCAA men's tournament Bracketology
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Official found it ‘strange’ that Michigan school shooter’s mom didn’t take him home over drawing
- Gisele Bündchen mourns death of mother Vânia Nonnenmacher: 'You were an angel on earth'
- Chita Rivera, West Side Story star and Latina trailblazer, dies at 91
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Dakota leaders upset after treasure hunt medallion was placed in sacred area
Bill targeting college IDs clears Kentucky Senate in effort to revise voter identification law
House Democrats release new report defending Mayorkas against GOP's sham impeachment effort
The Best Stocking Stuffers Under $25
The UAE ambassador takes post in Damascus after nearly 13 years of cut ties
Joni Mitchell announces Hollywood Bowl concert, her first LA performance in 24 years
Haiti pushes forward with new program to boost police department overwhelmed by gangs