IRS says it will not lengthen tax returns past April 15th
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Don’t expect additional time to file your tax return this year like you did in 2020.
The IRS said Thursday it has no plans to extend the standard April 15 filing deadline.
This is despite the fact that the agency has postponed the start date for accepting returns to Friday (February 12th) when it usually starts in late January.
Last year, in the midst of the Covid-related shutdown, the agency moved the 2019 return deadline to July 15, giving individuals and businesses an additional 90 days to file and pay the amount owed. The IRS had also postponed the 2020 due dates for estimated payments in the first and second quarters.
If you need more time to prepare and file your tax return, you can always apply for an extension with the IRS. Note that this will save you time to pay your debts without paying potential penalties.
The agency estimates more than 150 million tax returns will be filed this year, with the vast majority being filed before April 15. The average refund last year was about $ 2,500.
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The tax return officially starts on Friday