Has the October tax deadline been extended?

Due to the COVID-19 pandemic, the federal government extended this year’s federal income tax filing deadline from April 15, 2021, to May 17, 2021. If you need more time than the May 17 or June 15 deadlines, you can file for an extension to Oct. 15 with Form 4868. The deadline to submit this form is April 15.

What happens if you miss the October tax deadline?

What happens if I miss the October tax extension deadline? You’ll owe more interest. The IRS can also sock you with a late-filing penalty of 5% of the amount due for every month or partial month your tax return is late. The maximum penalty is 25% of the amount due.

Is there an extension to file taxes in October?

Certain taxpayers may be able to put off their tax filing beyond October. If you’re currently living outside the country, for example, you may be able to get an additional extension through December. Special rules may also apply for military members and individuals who are serving in a combat zone.

When do you have to file your taxes by October 15?

The current interest rate is 3% and is subject to change. You file by October 15, 2021 provided you filed an extension and paid your tax bill by May 17, 2021, or You’re getting a tax refund. However, you must file your 2020 taxes by May 17, 2024 (or October 15, 2024 if you filed an extension).

When is the deadline to file a 6 month extension?

Filing for an automatic 6 month extension to file your taxes is easy. Simply fill out Tax Form 4868, Application for Automatic Extension of Time To File U.S. Income Tax Return (pdf) by the tax filing deadline. The tax deadline is usually every April 15, but the actual date can vary if that date falls on a weekend or holiday.

What happens if I miss the October 15 extension?

You file by October 15, 2021 provided you filed an extension and paid your tax bill by May 17, 2021, or You’re getting a tax refund. However, you must file your 2020 taxes by May 17, 2024 (or October 15, 2024 if you filed an extension). After that, any unclaimed tax refunds get turned over to the U.S. Treasury.