Today is April 14th. That means your taxes must be filed by tomorrow! If you don't file, the IRS will start assessing "non-filing penalties" on the 16th, and the penalties are 5% per month up to 25%. So get your taxes in, or get an extension.
Go to www.irs.gov and click on the e-file links. You can e-file for free if you make less than $50k, and it's quicker and easier than trying to do it by hand.
Just a couple of tips. If you're tying to get itemized deductions, check your standard deduction for your filing status first. If your standard deduction is more than your itemized deductions, there's no real point in filing all that extra paperwork, just take the standard deduction. Good luck!Labels: IRS Extension, Tax Filing
