Tax Day Deadline Today: Filing Tips and Extension Information
WFAAMay 7, 20251 min3,531 views
2 connections·4 entities in this video→Tax Day Filing Deadline
- ⏰ The deadline to file your tax return or an extension with the IRS is today at 11:59 PM.
- 🗓️ Filing an extension grants you until mid-October to submit your return, but any tax payments due are still expected by today's deadline.
Managing Tax Payments and Extensions
- ⚠️ If you file an extension but do not pay your estimated taxes, interest will accrue on the unpaid amount.
- 💡 To avoid a large lump sum payment, consider making multiple payments throughout the year to better estimate your tax liability.
Year-Round Tax Preparation
- 📂 For smoother tax seasons, collect receipts and make IRA or 401k contributions consistently throughout the year.
- ⚙️ Automating contributions and payments can help manage tax obligations more effectively.
Filing Tips for Today
- 💻 If filing today, do so electronically to expedite any potential refunds.
- ✅ Even with a tight deadline, double-check your work and look for possible deductions.
- 🆓 The IRS offers a Free File program on their website, and Direct File is available in 25 states, including Texas.
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Tax DayIRSTax ReturnTax ExtensionTax PaymentsInterest on UnderpaymentIRA Contributions401k ContributionsTax DeductionsIRS Free FileDirect File
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