Posted byon January 15, 2013
Previous article: « How to File a Schedule A Form
Next article: How to Use Your Holiday Ingredients Now »
The 2016 tax deadline for your 2015 tax return is on April 18, 2016.
Emancipation Day Holiday. Sometimes the tax deadline is delayed due to the Emancipation Day holiday. This year the tax deadline is extended for everyone even though all states do not observe the holiday. Emancipation Day is on Friday April 15 this year.
Weekend Days. In addition, the tax deadline is also extended when the traditional April 15 deadline falls on a Saturday or Sunday. In this case it would be on the next business day (Monday).
This year, the tax deadline is extended for both Emancipation Day and weekend days.
Whether or not you meet the tax deadline is based on the postmark on your taxes. You must have your taxes postmarked by the deadline, but the IRS doesn’t need to receive your taxes by the 2016 tax deadline. If you are using TurboTax, and plan to mail your taxes, deliver it to the post office before closing time on April 18, 2016.
Make sure you check the address if you mail your return on tax day 2016. The IRS changed the mailing address for many taxpayers a couple years back.
If you efile, you’ll also need to submit your return electronically by April 18.
How to File for a Tax Extension. If you file for an extension, your tax return will be due six months after the April tax deadline. The tax deadline for extended returns this year is October 15, 2016. You can file Form 4868 to get an automatic extension. However, you still have to pay the tax due by the original tax deadline on April 18.
While you are working on your tax return, there are some other deadlines that fall on the same day as the tax deadline.
Retirement Contributions. The tax deadline is also the deadline for making contributions to your IRA and Roth IRA.
Estimated Tax Payments. If you make estimated tax payments, the April tax deadline is also the same day that that estimated tax payments are due for first quarter.
Tax Refund Dates. Once you file your tax return, see the tax refund cycle chart to find out when to expect your refund.
Refund Delays. Stay updated on refund delays and keep it in mind when you file.
If you put off filing until now, it’s time to get it done! Now that you know when the 2016 tax deadline is, you can file your tax return online with TurboTax.