Tax season is here again, and if you’ve missed the April Tax deadline 2022, you have some important decisions to make. First thing’s first: what should you do if you missed the April 15th Tax Deadline? You can do three things.
April 18 was the deadline to file your tax return. If you missed the filing deadline and need more time, we can help. Apply for an extension of time to file your return by April 18. Depending on your situation, you don’t have to pay any additional taxes due by doing this. The extension gives you until Oct. 15 to file and pay taxes without penalty or interest charges.
Tax laws are complex, and filing late can lead to costly mistakes. This year, there’s still time to discharge your taxes if you missed the April deadline by filing an extension. April is the best month for tax extensions. If you owe interest or penalties skip straight over to the payment instructions and find out how to pay now and avoid late fees, penalties, and interest charges. For details on other extensions, see below…
Don’t stress. You have options if you missed the April tax deadline. If you’re looking for resources to help, visit IRS.gov, or call 800-829-1040.
Penalties and Interest
If you’ve filed your taxes late, you should send a payment as soon as possible to avoid penalties and interest. The IRS accepts many forms of payment, including by check or money order, online payment via debit or credit card, and even payment by phone with a credit or debit card. No matter which method you choose, it’s important to include a cover letter with your name, social security number and the exact amount you are paying.
Extra Time To File
Because of recent major disasters declared by the President, taxpayers who have been affected by these events have extra time to file their tax returns and pay any taxes due. This includes some disaster victims, taxpayers living overseas, certain military service members and eligible support personnel in combat zones.
The Department of Defense offers Military OneSource® members a free tax resource through MilTax. Eligible MilTax users can file their federal and up to three state income tax returns for free. MilTax is easy to use, accessible from any computer with internet access, and takes only about 20 minutes.