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Reminder: 2018 tax extensions due next Tuesday

Thursday, October 10, 2019   (0 Comments)
Posted by: Zach Zuber
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If you have clients for whom you filed a six-month extension on their 2018 federal taxes, next Tuesday, Oct. 15, is the deadline for making sure those taxes are filed. About 15 million taxpayers filed for an extension this year, according to the IRS.

Taxpayers who did not request an extension and have yet to file a 2018 tax return can generally avoid additional penalties and interest by filing the return as soon as possible and paying any taxes owed.

Members of the military and others serving in a combat zone, as well as individuals in federally-declared disaster areas have later deadlines.

From the Iowa Lawyer Weekly