IRS Tax Deadline 2023: time, dates and when is the deadline to file taxes
US taxpayers are running out of time to submit their 2022 income filings to the Internal Revenue Service or petition for an extension. Here’s a look…
The Internal Revenue Service opened the window to start filing income tax declarations for the 2023 tax season on 13 January this year and began processing returns ten days later. The deadline to turn in a 2022 income tax return is Tuesday 18 April for most US taxpayers, but for some who were affected by severe weather events, they have received an automatic extension.
Any taxpayer who is not covered by one of those disaster declarations and thinks they will need more time, will need to apply for an extension from the IRS. That will give you six more months, until 16 October 2023, to get your paperwork in order and submitted to the US tax agency.
Those who require additional time to file can request an extension through the Free File tool, no matter one’s income. However, you still must pay any taxes due by 18 April to avoid any penalties or interest accumulating.
States where tax deadline has been extended
The tax deadline to file and pay certain taxes for some counties in Alabama, Arkansas, California, Georgia, Mississippi, New York and Tennessee where FEMA declared a disaster emergency after severe weather events were automatically extended. The extensions range from 15 May to 16 October 2023. If you can’t meet the new deadline, you can apply for an extension electronically until Tuesday 18 April, otherwise you must do so in writing before the extended deadline.
Deadline extensions due to disaster emergency
State | Extended deadline |
---|---|
New York | 15 May 2023 |
Arkansas | 31 July 2023 |
Mississippi | 31 July 2023 |
Tennessee | 31 July 2023 |
Alabama | 16 October 2023 |
Georgia | 16 October 2023 |
California | 16 October 2023 |
What happens if you miss the tax deadline?
There is no penalty for filing late if it turns out that you are owed a tax refund. However, the longer you wait to file the longer it will take to get your money back from the government.
As well there is a three-year limitation to claim any tax refund that you have coming your way. There are exceptions to the three-year refund rule.
However, if you owe money to the IRS, filing your tax return late can be an expensive proposition. Not only could you face penalties for filing late but you will also face late payment penalties and interest to boot.
Filing for an extension will give you more time to submit your tax return paperwork but not paying outstanding taxes. You need to pay any balance due, to the best of your knowledge, that you owe by Tax Day.