Tax procrastinators be warned — Monday is the deadline to get your taxes filed.
SAN DIEGO –
Because of the COVID-19 pandemic, the deadline for tax returns in 2020 was extended to July 15. The federal government extended the tax deadline again last year to May 17. This year, the deadline has been pushed forward because of Emancipation Day, a government holiday celebrated in the District of Columbia.
An extension of time to file is not an extension of time to pay, however, and taxpayers must estimate their tax liability and pay any amount due by the filing deadline to avoid penalties and interest.The IRS encourages taxpayers to file electronically because tax software does the calculations, flags common errors and reduces tax return errors by prompting taxpayers for missing information.
IRS Free File is available to any person or family with an adjusted gross income of $73,000 or less in 2021. Most tax software providers make their online products available for free, and taxpayers can use IRS Free File to claim the remaining amount of their Child Tax Credit, the Earned Income Tax Credit and other important credits.
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