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Last-Minute Tax Filing Tips for US Taxpayers

CBS NewsMay 7, 20251 min1,847 views
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Don't Panic: Filing on Time

  • Don't panic if you haven't filed your taxes yet; the deadline for most US tax filers is April 15th.
  • 📄 Gather all necessary documents, including income reports like W2s and 1099s, and any receipts or forms for deductible items.
  • 💻 Filing online with direct deposit is the fastest way to receive your refund.

Extensions and Payments

  • ⏳ If you're not ready to submit, you can file for an extension by tomorrow night using Form 4868.
  • ⚠️ Remember that an extension to file is not an extension to pay if you owe money.

Handling Unpaid Taxes

  • 🤝 If you cannot pay what you owe, the IRS offers an installment agreement that allows you to pay over six years.
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Tax Filing DeadlineUS Tax FilersTax ExpertTurboTaxW2s1099sDeductible ItemsDirect DepositTax ExtensionForm 4868IRSInstallment Agreement
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