Tax Deadline Approaching: What You Need to Know About Filing for an Extension
With the tax filing deadline quickly approaching, it’s essential to understand your options if you're unable to meet the April 15th deadline. Whether you need more time to gather necessary documents or need extra time to prepare your return, filing for an extension could be the solution. Here's a quick breakdown of what you need to know about the tax deadline and how to file for an extension. The Tax Deadline: Don’t Miss It! The IRS tax filing deadline for individuals is typically April 15th of each year. This year, April 15th falls on a Tuesday . While it's always best to file your return by the deadline, life happens. If you're unable to meet this date, you do have an option to request an extension. However, keep in mind that this extension is only for filing your return, not for paying any taxes owed. What Is a Tax Extension? A tax extension gives you an additional six months to file your return, extending the deadline to October 15th . This can be a lifesave...