However, there is no extension on payments so if you think you will owe money, it is recommended that you send a payment by April 18 to avoid interest and other penalties. TAX DAY 2022: Why is Tax Day on April 18? You can thank this DC holidayĪpril 18 also is the deadline for requesting a tax extension, which gives taxpayers until Oct. TAX SEASON 2022: When are tax returns due? These are the deadlines to file The extension applies to various individual and business tax returns and tax payments deadlines. The IRS has extended the deadline until May 16 for victims of the late 2021 Colorado wildfires as well as for victims of the December tornadoes in parts of Illinois, Kentucky, and Tennessee. By law, Washington, D.C., holidays affect tax deadlines for everyone the same way federal holidays do. Taxpayers who live in Maine or Massachusetts have until April 19 to file because of the Patriots' Day holiday celebrated in those states. The later date is a result of the Emancipation holiday in the District of Columbia. The deadline to file 2021 income tax returns is Monday, April 18, for most people, three days later than the normal April 15 deadline for filing taxes. It now also applies to childless workers from age 19 to 24 who are not half-time or full-time students and are claimed as dependents on their parents' tax return.īIGGER REFUNDS: 2022 taxes: Refunds are higher thanks to Child Tax Credit, third stimulus check Last day to file taxes in 2022? Has the tax deadline been extended? The earned income credit (also called EITC or EIC) has been expanded so that the credit can apply on 2021 federal returns to workers who are 65 or older, even if they do not have dependent children, thanks to the American Rescue Plan passed last year. ![]() It's a one-time-only deal, but the AARP is pushing to extend the tax break for older workers beyond 2021 tax returns. ![]() Pandemic-related relief changed many rules for 2021 tax returns. On 2021 returns, there's no longer an age cap or ceiling set at 64 or younger for workers to qualify for the earned income tax credit. Because of the credits, tax refunds are averaging $3,226 so far this tax season. That's 11.5% higher than last year, according to data from the IRS.Īs you finish up your return and await the refund, here are a few things to keep in mind: Tax rules changed by COVID relief
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