Taxes Due Today: Last Chance to File Your Tax Return or Tax Extension on Time

It's tax deadline day, and tax returns filed after will be considered late. Get the details and tips for quick filing.

Monday is your final opportunity to complete and file your 2021 tax return on time (excepting residents of Massachusetts or Maine, who get one extra day). Midnight -- in your local time zone -- marks the deadline for electronically filing or postmarking a tax return.

If you can't complete and file your tax return by Monday, you'll want to file a tax extension, particularly if you owe. The IRS could charge a 5% failure to file penalty, plus additional interest and fines on top of that. Free tax software like Cash App Taxes can help you file an extension as well as finish your return. If you are expecting a refund, there's no penalty for filing late.

Most state income tax returns are also due on April 18, although a handful of states have different deadlines. And, of course, some states don't require you to file income taxes at all.

Here are all the important dates for the 2022 tax season -- including when state taxes are due, the deadline for extensions and when you should expect a tax refund -- plus tips for a smooth and speedy filing experience. 

For more, find the best tax software for 2022, the biggest tax changes this year and the most important deductions and credits for this tax season.

You still have to submit your request for an extension by April 18 (or April 19, if you live in Maine or Massachusetts). But you will have until Oct. 17, 2022, to file a completed 2021 tax return. 

Keep in mind that filing an extension doesn't push back when you need to pay the IRS: To avoid late penalties, you still need to submit an estimate of what you owe. An extension just gives you more time to complete your return.

If you file electronically and choose direct deposit, the IRS says you can expect your refund within 21 days, assuming there are no problems with your return.

The IRS has already processed more than 70 million returns for fiscal 2021 and issued nearly 52 million refunds. But the agency has also warned about delays in processing returns, especially as the 2022 tax season involved complications like stimulus payments and an expanded child tax credit.

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