As the April 15, 2025 deadline approaches, it’s essential to be prepared for filing your federal tax return. Whether you’re ready to submit your return or need more time, understanding the available options will help ensure a smooth and timely filing process.
Filing an Extension
If you’re unable to meet the tax deadline, you can request an extension by filing Form 4868. An extension grants you an additional six months to file your tax return, extending the due date to October 15, 2025. However, it’s important to note that an extension only gives you more time to file, not more time to pay any taxes owed.
To avoid penalties and interest, ensure that you pay any taxes owed by the original deadline of April 15. If you’re filing from outside the U.S., the extension period is reduced to four months.
How to Qualify for an Extension:
- Properly estimate your 2024 tax liability.
- Report this estimate on Line 4 of Form 4868.
- Submit the form by the April 15 due date.
Although paying the estimated taxes is not required to file the extension, failure to pay taxes owed by April 15 will result in interest and penalties.
Amending Your Tax Return
If you realize that you made an error on your original return or the IRS made an adjustment you disagree with, you can file an amended return using Form 1040-X. Amendments may be necessary for correcting mistakes in income, deductions, credits, or to make elections after the filing deadline. Make sure to gather all the necessary tax documents that support the changes you’re making, such as corrected forms (W-2s, 1099s) or any new deductions or credits you’re claiming.
You must file an amended return within 3 years after the original return’s filing date or within 2 years after the date you paid the tax, whichever is later. This time frame ensures that you’re within the window for making corrections.
Amending your return can take time. The IRS generally processes amended returns in up to 20 weeks, so don’t expect an immediate response. Be patient and track the status of your amended return through the IRS “Where’s My Amended Return” tool.
Protect Yourself Against Tax Scams
Tax season is prime time for scammers. Protect yourself by recognizing the common warning signs:
- Too good to be true: Be cautious of offers that promise large refunds or special tax credits. If it sounds too good to be true, it likely is.
- Threatening phone calls: Scammers often impersonate IRS agents, threatening arrest or legal action unless you pay immediately.
- Suspicious websites: Always verify the URL and avoid clicking on misspelled or suspicious links.
The IRS will never contact you via email or phone demanding immediate payment or personal information. When in doubt, visit the official IRS website directly.
