Don’t panic: Tax filing deadline April 17

While the weather may be perfect this weekend, many procrastinators may be stuck inside with receipts and calculators, trying to finish (or start) filling out tax returns to mail before Tuesday’s midnight deadline.

Thanks to a local holiday in the nation’s capital, the deadline for filing returns this year is April 17 instead of April 15.

The holiday is Emancipation Day in Washington D.C., which celebrates the day slaves were freed in the district. Since the holiday falls on Sunday, it will be celebrated in D.C. on Monday. By law, tax filing deadlines cannot fall on holidays or weekends.

The bottom line is 144 million-plus taxpayers get two extra days to file, and nearly 70 percent have already done so, according to the Internal Revenue Service.

The average refund is $2,794, which is down nearly 4 percent from a year ago. Here is a link to the latest IRS update on this year’s filing season.

Tuesday also happens to be Tax Freedom Day, the day the nonpartisan Tax Foundation says Americans will have worked enough days to pay all of their federal, state and local taxes. It will take 107 days of work, and 29.2 percent of income, to satisfy tax collectors this year.

Returns must be in the mail by midnight Tuesday. Avoid the last-minute post office traffic and mail early.

Taxpayers needing more time can file Form 4868 for an extension. There is also a Taxsoftware.com app for filing for an extension using your smartphone.

15 comments Add your comment

Heisenberg

April 13th, 2012
2:18 pm

” Since it’s an average, half of all taxpayers may get more and half less.” is not entirely correct. Half more and half less is the median. The average could be greater than ot less than the median depending on the outliers of the data set.

Having said that, this taxpayer who owes will be putting it in the mail at 11:58PM on the 17th.

Steve

April 13th, 2012
2:37 pm

Heisenberg, it appears your proficiency in math concepts is balanced by a lack of knowledge of how the post office works. If you put it in the mail 2 minutes before the 18th, guess when it will be postmarked?

Numerator

April 13th, 2012
2:48 pm

It is sad enough that the AJC feels the need to dumb things down to the level of the average Atlantan by explaining what an average is, but even sadder when the reporter gets the explanation wrong. And the editor misses it. This is not calculus people.

Mark

April 13th, 2012
2:52 pm

@Heisenberg

April 13th, 2012
2:18 pm

Dude did you even read the article? Geeesh!

crazygrocer

April 13th, 2012
3:26 pm

Form 4868………might use the old smartphone this year….

Lulu

April 13th, 2012
6:52 pm

Could someone verify that the Ga. state Income tax deadline is the same or not please?

OBAMA

April 13th, 2012
8:46 pm

Do not file, I will pay your taxes

hdhd

April 13th, 2012
8:58 pm

Fairly certain the state deadline is the 16th as the 15th falls on a Sunday. Probably something this article would mention…..#uselessarticleonAJC

Phlegm Lattimore

April 13th, 2012
10:05 pm

I don’t find this article to be credible, compelling, or complete.

bird poop

April 14th, 2012
1:33 am

Do you know anyone who will file your taxes for free?

Sun

April 14th, 2012
8:42 am

You can file your own taxes for free. Dummy. No one else owes you a living. Vote for the fair tax law and then you won’t have to file.

Robert Warren

April 14th, 2012
9:01 am

Remember: medical costs for injuries sustained while fleeing IRS attack dogs are not deductible.

Tyesha

April 14th, 2012
2:18 pm

@Lulu
April 13th, 2012
6:52 pm

April 17 this year.

JeanCPA

April 15th, 2012
1:40 pm

The state deadline has been adjusted to conform with the Federal deadline, so both returns are due on the 17th unless extended. Georgia accepts the Federal extension.

Nobama

April 16th, 2012
10:09 am

Just wrote a $5K check to total a $75K tax bill for the GSA, UAW and Obama. It’s good to be a 1%er.

Hmmm, I wonder if I should drive the Mercedes or the Bimmer to lunch today?