The IRS is advising Americans to file their taxes on time to avoid fines and interest charges with the April 15 tax deadline fast approaching.
IRS spokesman Raphael Tulino stated, “Should you be obligated to file, be sure you do it.” Filing on time helps you avoid needless penalties and interest—especially if you owe a balance.
Who Must File?
Several elements influence filing requirements, including your gross income, age, marital status, and whether or not someone else can claim you as a dependent. Though they should still think about filing to obtain possible benefits and refunds, Tulino said certain people with lower to moderate incomes might not be compelled to file.
Tulino said, “Even if you don’t have to file, you could qualify for useful credits or refunds.”
Choices for Filing
Among the several filing choices the IRS provides on its official website is the Direct File system. To be eligible for this choice, Nevadans must have lived in Nevada for the whole 2024 tax year, made all income inside the state, and not be filing as “married filing separately.”
Tulino recommended doing your research if you’re hiring a third-party service or tax expert: “Work with someone reputable—maybe a suggestion from someone you trust. Always check your return to make sure it correctly reflects your financial state.
Hoping for a Refund?
The IRS claims that if you qualify for a refund and select direct deposit, you can usually anticipate it within three weeks of filing.
Beware of Tax Scams
Tulino also strongly cautioned against frauds: “The IRS will never contact you by text, social media, or email to give tax advise or ask for personal information. If it seems too good to be true, it most likely is.
Want More Time?
Should you not be ready to file by April 15, Form 4868 must be submitted by midnight that day to obtain an extension. Tulino underlined, though, that this is just a filing extension, not a payment one.
Even if you ask for an extension, payment is still due by April 15 if you owe taxes. Otherwise, interest and penalties will begin to accumulate on your outstanding sum.
