If you didn’t file your federal tax return in April and filed for an extension, you have a big tax deadline coming up! The tax extension deadline is October 15th. That means you have to have your income tax return filed by that date or your tax return will be considered late. To help you make sure you file on time, here are a few tips for those taxpayers that took the extra six months:
File Your Taxes Online – The quickest and fast way to file is to file your federal tax return online. Filing electronically is the most accurate, safest, and easiest way to file your income tax return. You can file for free online through the IRS’ website. Those who file using a paper return are at a higher risk of making errors on their tax returns and it takes longer for those returns to be processed and filed.
Use Direct Deposit for Refunds – If you think or know you will be receiving a refund from filing your income tax return, the quickest and safest way to get that refund is by using direct deposit. It doesn’t matter if you file electronically or though a paper return, you have the option to have your refund deposited directly into one to three bank accounts. If you combine direct deposit with filing electronically, you will likely get your refund the quickest.