When is income tax season over




















But you had to request the extension by May 17 to qualify. Keep in mind, however, that an extension to file doesn't extend the time to pay your tax. If you didn't pay up by the May 17 deadline, you'll owe interest on the unpaid tax. You could also be hit with additional penalties for filing and paying after Tax Day. And don't forget about your state tax return. Most states synch their income tax return deadline with the federal Tax Day — but there are a handful of states that have different deadlines.

Plus, while most states adjusted their filing deadlines to May 17 or later, not all states did. Check with the state tax agency where you live to find out exactly when your state tax return is or was due. Skip to header Skip to main content Skip to footer. Home taxes tax deadline. Most Popular. To speed up refunds during the pandemic, the IRS is asking taxpayers to file electronically with direct deposit as soon as possible, so the IRS can deposit your refund right into your bank account.

If you choose an e-Collect direct deposit, where your tax preparer's fee is deducted from your refund, it may add a few more days to your wait. A paper check may take several weeks to arrive.

Here's how to estimate your tax refund. If you file online, there's nothing to print out or mail, but we recommend you save an electronic copy for your records regardless. This could be especially useful if a third stimulus check is approved, since for the first two rounds of checks, your eligibility was based on your tax returns. Otherwise, you'll need to mail your return to the IRS.

The specific mailing address depends on which tax form you use and which state you live in. The IRS has published a list of where to file paper tax returns this year here. Be warned, however: The IRS says that due to staffing issues, processing paper returns could take several weeks longer this year.

If you're mailing your tax payment, you can elect to have the funds withdrawn directly from your bank account or include a personal check or money order. Under no circumstances should you ever mail cash to the IRS.

Read more : How to handle cryptocurrency on your taxes. You can usually access your refund status about 24 hours after e-filing or four weeks after mailing in a return. To check your status, you'll need to provide your Social Security number or ITIN, filing status and the exact amount of your refund.

If your status is "received," the IRS has your return and is processing it. Read more: What's your tax return status? How to track it and your refund money with the IRS.

There are numerous ways to contact the IRS. The agency no longer offers live online chatting, but you can still submit questions through its online form. If you prefer to talk to a person, the IRS maintains a number of dedicated phone lines that are open Monday through Friday, from 7 a. Individuals can call and businesses can call Note, however, that the IRS says "live phone assistance is extremely limited at this time. And there's always the Interactive Tax Assistant , an automated online tool that provides answers to a number of tax law questions.

It can determine if a type of income is taxable, if you're eligible to claim certain credits and whether you can deduct expenses on your tax return. It also provides answers for general questions, such as determining your filing status, whether you can claim dependents or if you even have to file a tax return. Internal Revenue Service. Accessed Nov. Accessed July 10, Social Security Administration.

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Personal Finance. Your Practice. Popular Courses. Taxes Income Tax. What Is Tax Season? Key Takeaways Tax season is the time period within which individuals and businesses prepare and file their income taxes. In the United States, tax season is typically Jan.

During tax season, employers, financial custodians, and other entities that generate income for individuals must provide documentation and statements for tax preparation purposes to ensure taxes are filed on time. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.

We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.



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