Tax Filing Tips and Deadlines for Late Filers in California, Illinois, and San Diego County.

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Source: Fox Business
Tax Filing Tips and Deadlines for Late Filers in California, Illinois, and San Diego County.
Photo: Fox Business
TL;DR Summary

The tax-filing season is ending soon, but millions of Americans still need to file their returns. The deadline to file taxes is April 18, and taxpayers can request an extension until October 16, 2023. Filing for an extension can help avoid a failure-to-file penalty, but it does not delay paying the taxes owed. The IRS offers payment plans to individuals who cannot pay the full amount of taxes they owe. Taxpayers can receive their refund within 21 days of filing by filing electronically and requesting direct deposit. Refunds are on average 11% smaller this year due to the expiration of pandemic-related tax breaks.

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