Last-Minute Tax Filing Tips and Resources for April 18 Deadline
- Americans have until April 18 to file their 2022 tax returns and owe the IRS more than $1 billion in unclaimed tax refunds.
- Taxpayers who earned less than $73,000 in 2020 can file for free, and tax software, tax preparers, and IRS assistance is available to help those struggling to meet the deadline.
- Extensions are available for those who cannot file by the deadline, but taxes owed are still due, and penalties apply for payments made after April 18.
- Missing the deadline or not filing at all can result in hefty fines, so taxpayers are encouraged to file on time and claim refunds they are owed before the three-year limit expires.
- Charitable donations, medical expenses, and working from home are some last-minute deductions taxpayers can consider to reduce their tax burden or get money back from the government.