Key takeaways 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.
For individuals, the last day to file your 2025 taxes without an extension is April 15, 2026. You can submit Form 4868 to request an extension to file later during the year. The last day to file your tax return isn't the only important tax deadline to know, however.
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 Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns for individuals who were earlier required to file by 31 July 2025. The revised deadline is now 16 September 2025.
Monday, Jan. 26, 2026 is opening day for the 2026 tax filing season. This is when taxpayers can begin filing their 2025 federal tax returns.
Yes, many individual provisions of the Trump-era Tax Cuts and Jobs Act (TCJA) from 2017 are set to expire at the end of 2025, reverting tax law to pre-2017 levels unless Congress acts, with key changes including the standard deduction, SALT deduction cap, and estate tax rules set to change, although legislation like the "One Big Beautiful Bill Act" (OBBBA) has since extended some of these cuts into the future, changing the original expiration cliff.
As a result of the devastation, those impacted by the California wildfires have an extended IRS tax deadline of October 15, 2025. This extension applies to numerous key deadlines, including: Individual income tax returns and payments typically due on April 15, 2025.
If you owe tax and don't file on time (with extensions), there's also a penalty for not filing on time. The failure-to-file penalty is usually five percent of the tax owed for each month, or part of a month, that your return is late, up to a maximum of 25%.
If you miss the October extended tax filing deadline, you'll have failure-to-file penalties and, potentially, failure-to-pay penalties if you still owe taxes. To minimize penalties, file your return immediately, pay as much as you can, explore IRS payment plans, and check if you qualify for penalty relief.
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.
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.
What is due by October 15 this year? IRS income tax return: Your IRS taxes for the year can no longer be e-filed after this date. A tax extension could reduce your penalties if you filed one by April 15. Estimate potential late payment penalties here; file even if you can't pay and see tips on paying taxes.
Common ITR Filing Mistake 1: Missing the Filing Deadline
The most avoidable mistake is missing the due date. For most individual taxpayers, the deadline for FY 2024-25 is 15th September 2025 (extended from July 31).
Tax changes for 2025, largely driven by the "One Big Beautiful Bill" (OBBBA) Act, introduce significant deductions for seniors, tips, overtime, and auto loan interest, expand the Child Tax Credit, and raise the SALT deduction cap to $40,000, while making several 2017 Tax Cuts and Jobs Act provisions permanent, including the seven tax brackets. Key changes include a $2,200 Child Tax Credit, a $6,000 senior deduction, deductions for qualified tips and overtime, and a permanent standard deduction increase.
Yes, you can still file your 2025 taxes in 2026, with the main deadline being April 15, 2026, but you can get an extension to October 15, 2026, to file, though you still generally need to pay any taxes owed by the April deadline to avoid penalties. You can file electronically through e-file or by mail, and should file as soon as possible if you missed the deadlines, using prior year software if necessary.
The Central Board of Direct Taxes (CBDT) has decided to extend the due date of furnishing of Return of Income under sub-Section (1) of Section 139 of the Act for the Assessment Year 2025-26, which is 31st October, 2025 in the case of assessees referred in clause (a) of Explanation 2 to sub-Section (1) of Section 139 of ...
One-time forgiveness, officially known as First-Time Penalty Abatement (FTA), is an IRS program that allows qualified taxpayers to have certain penalties removed from their tax accounts.
your partner or another close relative died shortly before the tax return or payment deadline. you had an unexpected stay in hospital that prevented you from dealing with your tax affairs. you had a serious or life-threatening illness. your computer or software failed while you were preparing your online return.
You can avoid a penalty by filing and paying your tax by the due date. If you can't do so, you can apply for an extension of time to file or a payment plan.
The IRS e-file shutdown 2025 will start on December 26 and last until it reopens in January 2026.
The IRS urges those who must file returns by the Oct. 15 deadline – midnight tomorrow – to e-file their returns; electronic filing options are available as are electronic payment options.
If you miss the April 15 tax deadline and owe taxes, the IRS charges penalties and interest for both late filing (up to 25%) and late payment (0.5% per month), accruing until paid, but you can minimize penalties by filing ASAP and paying what you can, even if you need a payment plan. There's no penalty if you're owed a refund and don't file, but you'll miss out on your money.