This year Tax Day lands on the April 17, which means you officially have two more days to file your tax return.
The deadline to file your taxes is usually the April 15, but because the it was a Sunday, and Monday the nation’s capital celebrates Emancipation Day, tax payers get two extra days.
Taxpayers have until midnight on Tuesday to file their taxes unless they file for an extension, which CPA and tax attorney Paul Mancinone recommends if you haven’t filed.
Before you start your return you must have all necessary documentation such as a W-2 form, a 1095 form, and receipts for charitable donations.
Taxpayers should also remember an extension is only an extension to file your taxes, but not an extension of time to pay.
If you file for an extension and owe later, penalties and interest will apply.
The IRS expects 70% of tax payers to receive a refund this year. Last year, 112,000,000 refunds were issued, with an average refund check of nearly $2,900 dollars.