By: Real America News Updated 16 Mar 2022, 12: 54 pm EDT
If you have not yet done your tax return 2021, it is when you consider doing it, because the deadlines are approaching.
This year, the Internal Revenue Service (IRS) extended the general deadline for a few days so that taxpayers make your federal tax return and send it or to comply with the payment of your debts.
The day you should keep in mind is 18 in April, that is, you have three more days to do it, since the deadline is usually 15 of April.
However, this year April 16 coincides with on Emancipation Day, so the deadline, in general, was passed to 18 of that same month.
That means that if you You haven’t done your tax return yet 2021 you still have 5 weeks to do it.
Deadlines change in some states
Taxpayers in some states will have a few more days to comply with their tax obligations.
In Maine and Massachusetts the deadline to do so is 19 April one more day due to Patriots Day which is commemorated in those states.
There are other reasons why the IRS may consider extensions of the deadline to file the tax return 2021.
One of these is natural disasters . In that case there are Tennessee, Illinois and Kentucky, where taxpayers will have up to 15 May to do so.
The reason that the IRS considered was the tornadoes that have affected these three states.
Also there is an extension in Colorado due to wildfires, so the deadline as well is the 16 of May.
In addition, there are states where the deadline for filing taxes is different from the general one, established for 18 April.
-Iowa: 30 of April
-Delaware: May 2
-Virginia: May 2
-Louisiana: 15 of May
Although there is still time to file the tax return 2021, experts consulted by the Money website, recommend not waiting until the end to do it.
Why it is not a good idea leave statement by the end
A very important reason is that the sooner you file your return, the sooner you will receive your refund.
According to the IRS Where’s My Refund page, refunds take about 21 days to reach taxpayers once your statements have been reviewed and accepted.
However, consider that this year, the refund may take a little longer, since the IRS admitted that it has millions of returns pending processing.
Another good reason is that as the deadline approaches, the accountants will be busier and will have a hard time take your return and file it on time.
The IRS also considers that the longer you spend to make your return, the greater the risk that someone can steal your identity and claim a refund. lso.
Finally, we must take into account Keep in mind that gathering the information for the tax return 2021 can be even more complicated than in previous years, since this year other income is considered, such as stimulus checks.
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