Thursday, March 17, 2011

Tax Day 2011: Tax Deadlines for Tax Year 2010

Tax Day by Tax Year - Filing Deadlines for 2010 Tax Returns


                                                                   

Tax Day 2011: Tax Deadlines for Tax Year 2010

Tax Day DateType of Income Tax Return Filing Deadline
April 18*, 2011Due Date for Federal Income Tax Returns (and Tax Extension requests) - Tax Day  for Tax Year 2010 - Filing Deadline
April 15, 2011Due Date for State Income Tax Returns - Tax Day for Tax Year 2010 - Filing Deadline
April 15, 2011Due Date for Tax Extensions for Federal Income Tax Returns for Tax Year 2010
From April 1, 2011 until April 15, 2011 you can prepare and efile a Federal Tax Extension on efile.com. Tax Return or Tax Extension?
 Find State Tax Return Extension Due Dates here
October 17**, 2011Last day to efile a 2010 Income Tax Return for tax extension and late tax efilers -Important notice
October 20, 2011Last day to prepare and/or print a 2010 Tax Year Income Tax Return on efile.com -- no electronic submissions to IRS after October 20, 2011.
*The traditional tax return filing deadline is April 15 of each year, but the IRS has approved April 18, 2011 as the tax filing deadline for 2010 Tax Returns and extension requests in observation of Emancipation Day in the District of Columbia.
**The traditional tax return extension filing deadline is October 15 of each year, but the IRS has approved October 17, 2011 as the tax filing deadline for 2010 Tax Returns with extensions because October 15 falls on a Saturday in 2011.

Tax Amendment Deadlines

Tax DateType of Filing Deadline
3 years from date of original return

OR

2 years from date tax was paid
(whichever is later)
Tax amendment to claim tax refund
Tax Tip: Always submit your tax return by April 15 for the previous tax year to avoid additional penalty fees and interest.
Reasons to file a tax amendment:
  1. To correct an error (e.g., filing status, income, deduction, tax credit) on a previously efiled or filed tax return.
  2. To add tax information (e.g., income, deduction, tax credit) that was omitted on a previously efiled or filed tax return.
  3. To change efiled or filed tax returns from a previous tax year, file a separate form in a separate envelope for each tax year. Enter the correct tax year on each tax amendment.
Other important information about tax amendments:
  • If you make an amendment or change to your federal tax return, this might also affect your state tax return. Please contact your state tax agency.
  • If you did not efile/file a federal tax return for an expired tax year, you must submit the tax form for that particular tax year. It is not sufficient to file only a tax amendment in that case.
When it is unnecessary to file a tax amendment:
Please note the following:
  • The IRS service center might correct mathematical errors without you having to file an amendment.
  • Forms and schedules regarding an existing return can be submitted after the filing deadline without filing a tax amendment.
  • Before you claim any additional refund through an amendment, wait for your refund check to arrive.

Tax Extension eFiling Deadline

Important Notice for Tax Extension Filers and Late Return Filers:

  • After April 15 you can no longer efile a Tax Extension, but you can prepare and efile a Tax Return. The IRS may apply late fee penalties plus interest on taxes owed (penalties may not apply for those who owe no tax or will receive refunds).

What if you Missed the Deadline for a Tax Extension?

  • You should file your tax return as soon as possible to avoid further penalties.
  • You may be charged late filing fees by the IRS and, if you owe taxes, interest on your unpaid debt.
  • You should pay as much as you can afford because interest may continue to accrue until you pay all of your taxes.

Previous Tax Years Filing Deadlines

  • There is no IRS deadline for overdue previous year tax returns.
  • You cannot submit previous year tax returns via efile.
  • Your options to file previous year tax returns are:
    1. Prepare and file alone: Download and complete the tax forms for the appropriate tax year and complete the forms either through the ADOBE READER or by hand.
    2. Prepare and file with us: Work with a tax professional online. Instead of visiting a local tax office, you can have your tax return completed by a efile.com TaxPro (this feature will be available soon).
Note: If you file a previous year's tax return(s) after the deadline:
  1. The IRS might apply late fee penalties plus interest on taxes owed.
  2. If you expect a tax refund, IRS late fee penalties might not apply.

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