Taxpayers are pondering whether the filing deadline will be extended this year as tax season approaches. Due to the COVID-19 pandemic’s substantial impact on the economy and the IRS’s operations, tax filing deadlines in 2020 will be delayed. The issue still remains, though: Will the tax filing deadline be extended in 2021?
The IRS has not yet issued any extensions for the 2021 tax filing deadline. The standard tax filing deadline is April 15th. However, the IRS will issue a formal notification if it chooses to extend the deadline. For any updates about the tax deadline, it is critical to keep an eye on the IRS website and news sources.
Taxes are typically due on April 15 of each year. The deadline is postponed to the following business day, though, if April 15 occurs on a weekend or holiday. For instance, the deadline for filing taxes in 2021 is Monday, April 18, and the 15th of April falls on a Thursday.
There is currently no sign that taxes will be postponed in 2021. Unless the IRS issues an extension, taxpayers must submit their forms by the April 15th deadline. Even throughout the pandemic, the IRS has been tirelessly working to ensure that taxpayers can file their returns effectively and safely.
Absolutely, taxpayers can already file their 2020 taxes. Tax returns were first accepted by the IRS on February 12, 2021. A taxpayer may submit their taxes before the deadline if they are prepared to do so. In fact, there are various benefits to filing early, one of which is a quicker refund.
In conclusion, the tax filing deadline for 2021 has not yet been extended. Unless the IRS issues an extension, taxpayers must submit their forms by the April 15th deadline. Taxpayers have until now to file their 2020 returns, and doing so has various advantages. It is essential to be informed about any official IRS notifications relating to the tax deadline.
Tax Deadline 2021: Will the Tax Deadline Be Extended This Year?”