The federal tax deadline for the 2025 income year is 15 April 2026, and Form 4868 can move your filing to 15 October if more time is needed.
For instance, certain deadlines falling on or after Dec. 9, 2025, and before May 1, 2026, are granted additional time to file. As a result, affected individuals and businesses will have until May 1, 2026, to file returns and pay any taxes that were originally due during this period.
If you need more time to file your taxes, request an extension by the April tax filing due date. This gives you until October 15 to file without penalties. Make sure you pay any tax you owe by the April filing date. The extension is only for filing your return.
The July 2025 passage of the One Big Beautiful Bill Act established many new tax laws that became effective immediately and made permanent many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) that were set to expire at the end of 2025.
The IRS e-file shutdown 2025 will start on December 26 and last until it reopens in January 2026.
From October 1 to November 12, 2025, the federal government of the United States was shut down as Congress failed to pass appropriations legislation for the 2026 fiscal year.
No, you generally cannot file a second automatic tax extension after the October 15 deadline; the IRS only grants one six-month extension (from April to October) per tax year, and missing the October date means penalties for late filing begin to accrue, unless you qualify for specific exceptions like being in a disaster area or military service. If you missed the October deadline, your priority is to file your return as soon as possible, even if you can't pay everything immediately, to minimize failure-to-file penalties.
The One, Big, Beautiful Bill Act significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21, and takes effect in 2025.
At the end of 2025, the individual portions of the Tax Cuts and Jobs Act expire all at once. Without congressional action, 62 percent of filers could soon face a tax increase relative to current policy in 2026. At the same time, the price tag for extending the 2017 Trump tax cuts is in the trillions.
The 2025 Federal Tax Debate
Much like the 2017 tax law, the new law favors the richest taxpayers. More than 70 percent of the net tax cuts will go to the richest fifth of Americans in 2026, only 10 percent will go to the middle fifth of Americans, and less than 1 percent will go to the poorest fifth.
If you lodge your own tax return after the 31 October and it results in a tax bill, payment is still due by 21 November and interest can be imposed from that date.
IRS additional 2-month extension until December 15 for expats | TfE. If you're a green card holder living outside the United States, your tax obligations don&rsquo... Living abroad does not exempt US citizens from IRS reporting obligations involving foreign trusts ...
Income tax return last date for FY 2024-2025 (AY 2025-26) The last date for filing income tax returns for FY 2024-25 (AY 2025-26) is extended to 16 September 2025 from 15 September 2025 for regular taxpayers (such as salaried individuals and those not requiring an audit).
Summary of key provisions
No Tax on Overtime is a provision that was included in a larger tax reform bill that passed in July 2025. It allows certain workers to deduct up to $12,500 in qualified overtime compensation from their taxable income on their federal income tax return. Joint filers can deduct up to $25,000.
If the individual tax cuts expire, taxpayers in all income groups would face higher and more complicated taxes. Machinery and equipment expensing is a key provision that, if allowed to expire, would especially harm capital-intensive industries like manufacturing.
The deadline to file federal income tax returns this year — to report income earned in 2025 — is April 15, 2026. If you file an extension, you have until Oct. 15 to file your federal tax return.
Congress failed to reach an agreement on funding beginning October 1, 2025. As a result, the federal government is shut down until further notice. We recognize that your organization plays a critical role, and we want to provide you with information to help you guide the people you serve.
If you don't file your tax return by the October 15 extension deadline, the IRS charges a failure-to-file penalty of 5% per month (up to 25%) on unpaid taxes, plus a failure-to-pay penalty (0.5% per month), and interest on the total amount due, potentially leading to significant costs, though you can request penalty abatement for reasonable cause, and if you're owed a refund, you generally won't face penalties but risk losing your refund if you wait too long (usually over 3 years).
An extension gives you extra time to file, but not extra time to pay. After you file an extension, if you owe taxes when you file your return, you might also have to pay penalties and interest on the tax due.
Yes! You can still file your taxes for 2025, but you may not be able to avoid penalties. If you're getting a tax refund, you won't have to worry about being charged any penalties or interest. If you owe taxes, the two penalties mentioned above may apply.
How to request a free extension to file for a return with no tax due. Individual taxpayers, regardless of income, can use IRS Free File at IRS.gov/freefile to request an automatic six-month tax-filing extension.