Next Tuesday, April 18, is the end of the 2022 tax season, so don’t waste time and find out the key details you should not forget to file your taxes in the U.S.
The last day for Americans to file and pay their taxes is next Tuesday, April 18. If you do it a day later, you will already be late for this tax season, where taxes are due on income earned during 2022. So, so that you don’t miss anything, in Globe Live Media we are going to tell you about some key aspects that you should not forget.
When is the last day to file taxes?
The last day to file and pay taxes for the 2022 tax year is next Tuesday, April 18. The date that taxes are usually due is April 15, but for 2023, the Internal Revenue Service moved the date to April 18, since the 15th falls on a weekend.
Some states have more time to file their taxes because they have been victims of some natural phenomena. You can check who is eligible in the following note.
What documents do I need to file my taxes in the United States?
You need your W-2 form, which is the one where your employer specifies how much of your income was paid in taxes, the Internal Revenue Service receives a copy of this form. You also need the 1099 form, which is the one you use to declare this income.
You must also have your Social Security number and your Individual Taxpayer Identification Number (ITIN).
How to apply for a tax extension?
Taxpayers who need an extension should fill out IRS Form 4868. This will give you time to submit your paperwork more thoroughly, but it does not allow you to extend the payment of your tax liability, which is due by April 18. Those who request an extension will have until October 2023 to send in their forms.
What is the difference between the 2021 vs. 2022 tax season?
The main difference is that there is no longer the Cares Act or the American Bailout Act, which was passed to help taxpayers weigh the economic hardship of the Covid-19 pandemic.
What happens if you don’t pay your taxes on time?
Then you will face several penalties and interest payments for settling your tax bill late.
How long does it take for your tax refund to arrive?
If you filed electronically, then you will receive your tax refund only 21 days after you file, but if you filed by mail, it can take up to 6 weeks to arrive.