Tax Day 2025 falls on Tuesday, April 15, and it marks the federal deadline for filing income tax returns for the 2024 tax year. Whether you’re filing early or pushing it to the last minute, knowing what to expect can help you avoid costly mistakes and unnecessary stress.
For most Americans, April 15 is the date to circle. You must file your federal income tax return by this deadline or request an extension. The IRS allows for electronic or paper filing. E-filing is strongly recommended due to its speed, accuracy, and ability to process refunds faster, especially when using direct deposit. Paper returns are still accepted but must be postmarked no later than April 15 to count as on time.
If you can’t meet the deadline, you can file IRS Form 4868 to request an automatic six-month extension. But here’s the catch: the extension only gives you more time to file, not more time to pay. You still need to estimate and pay any taxes owed by April 15 to avoid interest and penalties.
Some taxpayers may have special circumstances that impact their filing date. U.S. citizens and resident aliens living abroad get an automatic two-month extension, making their new deadline June 16, 2025. However, interest still accrues from April 15 on unpaid taxes. Additionally, residents in federally declared disaster areas may qualify for deadline extensions. For example, individuals affected by recent California wildfires have until October 15 to file and pay.
State tax deadlines can differ from the federal schedule, so it’s essential to verify requirements with your local tax authority. Some states follow the IRS calendar, while others may provide additional leeway.
Failing to file or pay on time can be expensive. The IRS typically charges a late filing penalty of 5% of unpaid taxes for each month the return is late, up to 25%. Late payments usually incur a 0.5% monthly penalty, and both are subject to interest until the balance is paid.
To ease the process, the IRS provides several free tools and services. The Free File program is available to taxpayers with an adjusted gross income of $84,000 or less, offering free tax prep software. The Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs also offer free help, especially for individuals earning less than $60,000 and those aged 60 or older.
Once your return is filed, you can track your refund using the IRS “Where’s My Refund?” tool. Most electronic filers receive their refunds within 21 days.
With all this in mind, it’s clear that preparation is key. Whether you’re a seasoned filer or navigating tax season for the first time, staying ahead of Tax Day 2025 will help you avoid stress and penalties, and possibly get that refund in your account a little faster.
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