Tax Return Deadline Quickly Approaches

If you haven't sent in your 2023 income tax return yet, you have until April 15 to do so.

Be prepared as the tax return deadline is quickly approaching.

If you haven’t sent in your 2023 income tax return yet, you have until April 15 to do so.

However, there are some who have been granted more time to file this year. That includes those who file for an automatic six month extension by April 15.

Taxpayers who choose this option don’t need to give the IRS any explanation as to why they want an extension.

Note that the extension gives you more time to file your federal income tax return, but you must still pay all your taxes owed for 2023 by the April 15 deadline. Otherwise, you may be hit with a failure-to-pay penalty.

The IRS has already received more than 80 million income tax returns for 2023, but that is only about half of the total returns it is still expecting to be filed.