When to File

As a taxpayer, it is important to know when to file your tax return to avoid penalties and ensure compliance with the Internal Revenue Service (IRS) regulations. The filing deadlines vary depending on whether you are a calendar year filer or a fiscal year filer.

Calendar Year Filers

Most individuals and businesses operate on a calendar year basis. If you are a calendar year filer, you should file your tax return by April 15, 2024. It is crucial to submit your return on time to avoid any late filing penalties.

Fiscal Year Filers

Some businesses and organizations operate on a fiscal year basis, which does not align with the calendar year. If you are a fiscal year filer, the due date for filing your tax return is the fourth month after your fiscal year ends, day 15. However, if the 15th day falls on a Saturday, Sunday, or legal holiday, the due date is delayed until the next business day. To ensure your return is considered filed on time, make sure your envelope is properly addressed, postmarked, and deposited in the mail by the due date.

Need More Time?

If you are unable to file your tax return by the due date, you can request an automatic 6-month extension of time to file. It is important to note that an extension of time to file does not extend the time to pay your taxes. To request an extension, you must file Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return by the original due date of your return. However, you should pay any owed taxes by your original due date to avoid possible penalties.

Haven't Filed Your Tax Return Lately?

If you have not filed your federal income tax return for the current year or for prior years, it is essential to file your return as soon as possible. Failure to file your taxes can result in penalties and interest charges. If you are unsure about what to do if you haven't filed your tax return, it is recommended to seek guidance from a tax professional or consult the IRS website for further information.

Members of the Military

Special rules apply to individuals who have served or are serving in the Armed Forces in a combat zone or a contingency operation, or have become hospitalized from an injury while serving. If you fall into this category, you have at least 180 days after leaving the designated combat zone/contingency operation to file and pay your taxes.

In the event that you are affected by a presidentially declared disaster or a terroristic or military action, the IRS may grant you an extended deadline of up to one year after the original due date of your return to file and pay taxes. The specific deadline will be determined by the IRS.

It is important for taxpayers, including civilians working with the Department of Defense, to notify the IRS directly of their status for qualifying combat zone relief. For detailed information on how to notify the IRS by email about combat zone service, please refer to the IRS website.

For more information on tax filing deadlines, filing, paying, and other tax action due dates, you can consult Publication 509, Tax Calendars provided by the IRS. It is crucial to stay informed about the specific deadlines and requirements to ensure compliance with the IRS regulations.