October 15th Tax Deadline Monday
Time’s almost up! If you’re one of the 10.2 million taxpayers who requested an extension this past April, the October 15th deadline is Monday. You still have a week to file and avoid late penalties. While preparing your taxes in seven days may seem impossible, you can do it! Find solace in the fact that others are canceling dinner dates and fun, entertaining evenings to prepare their taxes’”myself included.
Here are some quick tips to remember:
The IRS urges us to file electronically or use their Free File program. This helps the IRS process your returns quickly and efficiently. And the IRS claims e-filers make fewer mistakes!
If you are concerned about errors, check out this comprehensive article at Bankrate.com.
If you owe the IRS money and pay via credit card you’ll be assessed a fee! Save the fee by authorizing the IRS to withdrawal a specified amount directly from your bank account. Here are the e-pay options.
Direct deposit of your refund is faster than requesting a paper check.
Check your federal refund status here.
There are still a few instances in which you can file after October 15th. If you are serving in the U.S. military and are stationed in Iraq, Afghanistan, or ‘œcombat zone localities“, or if you have been affected by any of the recent ‘œnatural disasters‘.
Earlier this year I published Money Mondays, a 10-part series specifically designed to walk you through the basics of filing taxes. The articles contain detailed information and links to additional references. Pass these links along to anyone you know battling the tax-blues. (Remember, you can also “search” the Queercents archives to find articles on specific topics of interest to you!)
Money Mondays:
Wow, this is the second tax related post on Queercents today.
My partner and I mailed our taxes in today. The line wasn’t terribly long at the Post Office.
Are you a CPA? I’d love to hear your thoughts on FairTax.