tax deadline

What Time is the Tax Deadline Today?

If you're waiting until the last possible minute to file your tax return, you should at least know how much time you have.

Tax Day 2022 has finally arrived! Thanks to the Emancipation Day holiday in Washington, D.C., the April 15 deadline was pushed back a few days to April 18 this year (April 19 if you live in Maine or Massachusetts). So, if you haven't already filed your 2021 federal income tax return (and paid any tax due), today's the day to get moving. But if you're literally waiting until the last minute, you ought to at least know when that last minute arrives.

Paper Returns – The Postmark Rules

Some people are old fashioned and still like to fill out paper tax forms. If they owe any money with their return, they're likely to write out a paper check to the IRS for the amount due. If that's you, make sure the envelope is postmarked by April 18 (or April 19 for residents of Maine or Massachusetts). But don't expect your post office to stay open until midnight on Tax Day like they used to years ago (sometimes with bands playing and snacks available), so make sure you get there before their regular hours expire if you're hand delivering your return at the postal counter.

E-filed Returns – The Stroke of Midnight

If you're filing an electronic return – like most people these days – you must e-file your tax forms by midnight tonight. However, please don't wait until 11:59 p.m. to click the submit button. It can take a few minutes for your return to be successfully transmitted to the IRS and that delay can cause you to miss the deadline.

You can pay taxes electronically, too. It's easy using the IRS's Direct Pay service (payment directly from a bank account); the Electronic Federal Tax Payment System; or a credit card, debit card or digital wallet like PayPal (processing fees may apply). Go to the IRS's "Pay Online" webpage to get started.

Extensions Are Available

If you just can't file your return today for whatever reason, you can get a tax filing extension to October 17, 2022. But you have to act today to get the extension. You can get an extension by mailing in a paper Form 4868 – postmarked by April 18 – or submitting an electronic version of the form by midnight tonight. You can also get a filing extension by making an electronic tax payment by midnight.

Also keep in mind that an extension to file doesn't extend the time to pay your tax. If you don't pay the taxes you owe by the end of the day, you'll owe interest on the unpaid tax. You could also be hit with additional penalties for filing and paying late.

For more information on filing extensions, see How to Get More Time to File Your Tax Return.

If you can't pay the tax you owe, pay what you can today and then look into the various tax payment options for any amount left. You can set up a payment plan, make an "offer in compromise," or request a temporary collection delay.

State Tax Returns

Unless you live in a state with no income tax, you probably have to file a state income tax return by the end of the day, too. (Perhaps a local tax return as well.) Most states set their tax return due dates to match up with the federal deadline, but not all of them. For find your state's tax deadlines – including those for extension requests, estimated payments, and returns for other types of taxes – check with the state tax agency where you live.

Most Popular

5 Ways to Prepare for a Recession
recession

5 Ways to Prepare for a Recession

The signs seem to be pointing in one direction these days, so if you’re worried about being ready for a recession, consider taking these five measures…
June 28, 2022
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
In What Order Should You Tap Your Retirement Funds?
retirement planning

In What Order Should You Tap Your Retirement Funds?

Should you go with your IRA first or your brokerage account? Pulling money haphazardly can have negative implications. Instead follow this road map fo…
June 28, 2022

Recommended

How 13 Types of Retirement Income Get Taxed
retirement

How 13 Types of Retirement Income Get Taxed

When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don't forget about taxes.
June 30, 2022
11 Education Tax Credits and Deductions for 2022
Tax Breaks

11 Education Tax Credits and Deductions for 2022

Whether you're saving for college, currently paying tuition, or dealing with student loan debt, there's probably an education tax break that can help …
June 30, 2022
Abortion and Taxes: What Happens Now Without Roe v. Wade?
Women & Money

Abortion and Taxes: What Happens Now Without Roe v. Wade?

See how abortion-related medical expense deductions, HSA and FSA payments, employer-provided travel, and charitable contributions will be handled now …
June 29, 2022
Taxes on Unemployment Benefits: A State-by-State Guide
state tax

Taxes on Unemployment Benefits: A State-by-State Guide

Don't be surprised by an unexpected state tax bill on your unemployment benefits. Know where unemployment compensation is taxable and where it isn't.
June 23, 2022