Tax Filing Deadlines & Extensions: What You Need to Know
Missing a tax deadline can lead to penalties, interest, and IRS notices. Here’s everything you need to know about tax deadlines, late filing penalties, and how to request an extension.
1. Important Tax Filing Deadlines for 2025
📌 Tax Day 2025: April 15, 2025 – Deadline to file your federal tax return.
📌 Extension Deadline: October 15, 2025 – If you file for an extension.
📌 Quarterly Estimated Tax Payments:
- Q1: April 15, 2025
- Q2: June 17, 2025
- Q3: September 16, 2025
- Q4: January 15, 2026
🔗 Related: How to File Taxes for the First Time
2. What Happens If You File Late?
🚨 Failure-to-File Penalty: 5% of unpaid taxes per month, up to 25%.
🚨 Failure-to-Pay Penalty: 0.5% of unpaid taxes per month, up to 25%.
🚨 IRS Interest Charges: Accrue daily until balance is paid in full.
🔗 Need help? IRS Payment Plans & Tax Debt Relief
3. How to File a Tax Extension
If you need more time to file, request an automatic 6-month extension by April 15, 2025.
✅ Use IRS Free File or tax software to submit Form 4868.
✅ Mail Form 4868 if filing a paper return.
✅ An extension gives more time to file, NOT to pay taxes owed.
🔗 Learn more: Tax Filing Shortcuts
4. What If You Owe Taxes?
If you can’t pay by April 15, 2025: ✅ Pay as much as possible to reduce penalties.
✅ Set up an IRS installment plan.
✅ Consider Offer in Compromise if facing hardship.
🔗 Read more: How to Apply for an IRS Payment Plan
Final Thoughts
Mark your calendar with key tax deadlines and file early to avoid penalties and IRS notices. If needed, file an extension before April 15 to avoid late filing fees.
🚀 Next Steps:
- File on time or request an extension.
- Pay any taxes owed to minimize penalties.
- Set up an IRS payment plan if needed.
🔗 Need more tax guidance? Visit our Tax Filing Shortcuts Guide.