You may have to file earlier than you think.
Farmers and fishers who have to pay their entire tax on or before March 1 can pay from their bank account either using their online IRS account or by scheduling a payment in advance using the tax agency's Direct Pay tool, according to the IRS. Those who wait closer to the first of the month should opt for an online account payment because it can transfer deposits in less than a day.
"Online account allows individuals to make same-day payments from a checking or savings account," the IRS explained."Taxpayers can use IRS Direct Pay to schedule a payment from their bank account for their tax deadline with no registration or login required."is April 18. This means that most taxpayers will have to submit their returns to the agency or file an extension and pay tax owed by this date.
"Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia," the IRS explained. But another holiday is pushing the filing date back even further for taxpayers in two different states. According to the tax agency, filers who live in Maine or Massachusetts will have until April 19 to submit their paperwork because of the Patriots' Day holiday in both states."Taxpayers requesting an extension will have until Monday, Oct. 17, 2022, to file," the IRS further explained.
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