![]() ![]() You can't get your money back until you file, so you should file as soon as you can to get your money as soon as possible.Even if you have a refund coming, consider the following: That's not to say there aren't very good reasons for filing on time. If you have a refund coming from the IRS-as about three out of four taxpayers do every year-then there is no penalty for failing to file your tax return by the deadline, even if you don't ask for an extension. However, this might not be the case for state taxes. This is one of the great little secrets about the federal tax law. The consequences differ depending on whether you owe the IRS money or the IRS owes you a refund. Filing with TurboTax is fast, easy and guaranteed to get you the biggest refund you deserve. If you missed the deadline and did not file for an extension, it's very important to file your taxes as soon as possible. However, this might not be the case for state taxes. If you have a refund coming from the IRS, then there's no penalty for failing to file your tax return by the deadline, even if you don't ask for an extension.If you missed the filing deadline, didn't file for an extension, and owe income taxes, you may face a late filing penalty of 5% of the unpaid tax per month, plus interest.This will push back the tax filing deadline and protect you from possible failure-to-file penalties. If you can’t file on time, you should file an extension by the tax deadline.The federal tax return filing deadline for tax year 2022 is April 18, 2023.The federal tax return filing deadline for tax year 2022 is April 18, 2023 Victims of these storms have until October 16, 2023, to file various individual and business tax returns and make certain tax payments. The Federal Emergency Management Agency (FEMA) declared certain regions in California, Georgia, and Alabama as federally declared disaster areas due to the disaster caused by recent storms. ![]()
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