If you’re filing an electronic return – like over 90% of taxpayers these days – you must e-file your tax forms by midnight tonight. However, please don’t wait until 11:59 p.m. to click the submit button.

Will IRS deadline get extended again?

Due to the COVID-19 pandemic, the federal government extended this year’s federal income tax filing deadline from April 15, 2021, to May 17, 2021. In addition the IRS further extended the deadline for Texas, Oklahoma and Louisiana residents to June 15. These extensions are automatic and applies to filing and payments.

What happens if you miss IRS deadline?

If a taxpayer is entitled to a refund, there’s no penalty for filing late. Penalties and interest began to accrue on any remaining unpaid tax due as of July 16, 2020. Anyone who didn’t file and owes tax should file a return as soon as they can and pay as much as possible to reduce penalties and interest.

Is the federal tax deadline extended to May 17?

State tax returns The federal tax filing deadline postponement to May 17, 2021, only applies to individual federal income returns and tax (including tax on self-employment income) payments otherwise due April 15, 2021, not state tax payments or deposits or payments of any other type of federal tax.

When is the last day to mail your tax return?

Tax Day 2019 is almost here, and if you’re like many people, you’ll be scrambling to complete your tax filing and get your tax return mailed by the April 15 deadline. Last tax season, the IRS received almost a 140 million tax returns by the week ending April 27, 2018.

When is the new tax filing deadline for 2020?

Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline. WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

What happens if you miss the IRS deadline?

If you miss the new deadline without securing an extension, you should expect no mercy from the IRS — fines, penalties, interest, and scary letters will be the backdrop to your first semi-normal summer. Also, keep in mind that this extension applies to federal returns only. Your state may or may not be so generous.