Hello everyone,
I was wondering when is it the best time to file taxes? Usually, I file my taxes the last week of January or first week of February.





Hello everyone,
I was wondering when is it the best time to file taxes? Usually, I file my taxes the last week of January or first week of February.









^^^ This
fraud is way up sense last year. IRS encourages people with refunds to file early. I prefer to wait myself.
You file your tax in late Feberary. There are always some forms which can't be finalized by IRS until late Feberary.
I like being alone, I just don't like being lonely.

If you owe you can file any time before April 18th this year and pay on Aptil 18th. You do not have to pay when you file as long as you pay by the tax due date. (Normally 4/15 but this year the date is 4/1.

4/15 falls on a Fri. this year, so that would be the filing and payment deadline, AFAIK. If you don't pay what you owe by the 15th, they'll charge you interest (currently 3% PA) plus penalty (about 6% PA) pro-rated, until you pay up. If you don't file your return timely, or request an extension till 10/15, by 4/15, the penalty charges are much worse. Depending on your state, there may be state filing and payment requirements as well, and penalties for missing the deadline. These (federal and state) charges are not deductible expenses, so the pain is worse.
You can meet the filing/payment deadline by post-marking it by 4/15. Send it certified so you retain proof of the mailing date. I believe Fedex, UPS, etc. are accepted for proof of shipment date as well.
I'm not a tax professional, this is just my own understanding of the rules. Please double check with your own adviser or other trusted source.
Good luck.
James

This year the tax filing deadline is Monday April 18th. The reason for the extension from Friday April 15 to Monday April 18 is because April 15 is Washington DC Emancipation day. A holiday in DC where there are a high number of government employees.

Thank you, Zerorg. I stand corrected. Those three days happen to be extremely helpful to me this year, for abstruse reasons.
James
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