While our taxes are due on Tuesday, many CT and NY residents are sweating the tax day deadline, along with the thought of an audit.
The department offers two tax filing services: e-File provides a list of software providers certified to submit forms electronically, and using its online forms, which offer fillable online versions of tax forms for taxpayers that prefer to prepare their own returns.
Returns this year are due by April 17, unless you file for an automatic six-month extension. They said those instructions came from a co-owner of Fast Tax in Winston-Salem. That means almost 50 million taxpayers have either spent the last week scrambling to locate key documents and file their returns, or have scrambled to locate key documents and instead filed for an extension.
Tax Day 2018 is nearly here. Freelancers or other gig-economy workers still waiting on a 1099 could be in the same boat.
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If you're getting a refund, the IRS would like you to file on time.
Per the IRS, there are more than 90,000 volunteers around the country, who can help you correctly complete your return.
Sanford from the IRS said it order to be considered timely it must bear that postmark of the final day of filing - in this case this year April 17.
Tax experts say you should not avoid filing your taxes is because you don't have the money to pay.
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"It's important to note that the failure-to-file penalty is generally more than the failure-to-pay penalty", said Sanford. They will not accept it without your signature-and then you'll be considered late. 3.
But you have to make quarterly tax payments using Form 1040-ES if you expect to owe more than $1,000.
If you are unsure how much you owe in taxes, here's some math to figure out what to pay now.
So, it's a great year to have a professional look at your taxes.
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