IRS provides last-minute advice to taxpayers; Resources for extensions, payment and installment payment agreements
WASHINGTON – As we approach the deadline for filing taxes, the Internal Revenue Service reminds taxpayers who have yet to file taxes, there are a variety of options to help them.
IRS tax help is available 24 hours a day in IRS.gov/espanol. Whether presents, ask for an extension or make a payment, the IRS website can help in almost everything related to tax those who present late.
The IRS encourages taxpayers to file electronically. You do it, either by presenting electronic or Free File IRS will reduce misreporting as the tax software does the calculations, alerts to common errors and warns taxpayers if there is any missing information. Interactive forms of FreeFile mean a free option for everyone.
The contribuyuentes who qualify can get free tax preparation by IRS ceritificados volunteers, who also submit the return electronically for free. Voluntary Aid program to taxpayers, VITA for its acronym in English, offers tax help to individuals who generally earn $ 55,000 or less, people with disabilities, and individuals who do not speak English. Program Tax Counseling for the Elderly, TCE, for its acronym in English, also offers free help, particularly taxpayers 60 or older. To find the VITA or TCE nearest center, taxpayers can use the locator VITA and TCE at IRS.gov, download the mobile application IRS2Go or call 800-906-9887.
Ask for extra time
Anyone who needs more time to file your return, you can receive it. The easiest way to do this is through Free File on IRS.gov. Within minutes, anyone, regardless of income, you can use this free service to request an extension electronically via Form 4868, Application for Automatic Extension of Time to File Tax Personal Income United States .
However, you are reminded taxpayers that an extension of time to file is not an extension of time to pay. To receive the extension, taxpayers must estimate their tax liability on the form and pay what is owed. Tax payments are generally due on the deadline of April and contribuentes must pay as much as they can to avoid penalties and interest.
Taxpayers who pay all or part of its tax debt by the deadline of April – through Direct Payment , System Electronic Federal Tax Payment System, EFTPS or credit card or debit card will receive an automatic extension of time to file . If you select “extension” as the reason for payment, will not file a separate Form 4868. Taxpayers also receive a confirmation number after making your payment. If you use Direct Payment and EFTPS, taxpayers can sign up to receive e-mail notifications.
Any payment made with a request for an extension will reduce or, if the balance is paid in full, eliminate interest and penalties for late payment – that apply to payments made after the deadline in April. The current interest rate is 6 percent per annum, accrued daily and late payment penalty is normally 0.5 per month.
Alternatively, people can complete a paper copy of Form 4868 and mail it to the IRS. The form must be mailed and postmarked have a deadline. Download and print it IRS.gov/forms (in English) .
refunds
The fastest and safest for a taxpayer receives a refund is through an electronic deposit into your bank or other financial account. Taxpayers can use direct deposit (in English) to deposit your refund into one, two or even three accounts. Direct deposit is faster than waiting for a paper check to arrive by mail.
After presenting, use “Where’s My Refund?” At IRS.gov or download the application Móbil IRS2Go to track the status of your refund because it provides the latest information. It is updated once a day, usually at night, so I check it more often will not generate new information. Call the IRS also generate different results to those diponibles online, unless “Where’s my refund?” Instructed the taxpayer to hacero; not generate new information order a transcipción tax.
IRS issues refunds on October 9 in less than 21 days.
Special instructions for those with paper
mathematical errors and other errors are common in tax returns on paper, especially those that are prepared and presented in a hurry. The following tips may help those with paper:
- Fill all taxpayer identification numbers required, usually social security numbers for all dependents who are claimed in the statement. Check only one filing status and all appropriate boxes exemptions.
- When using Tributaries tables (in English) , be sure to use the correct line and column for the filing status and the amount of tax shown.
- Sign and date the statement. If you file jointly, both spouses must sign.
- Attach all required forms and annexes.
- Send the statement to the correct address. Check Where to File in IRS.gov/espanol.
Penalties and interest
By law, the IRS may impose fines (in English) to taxpayers not presetar your tax return on time and stop paying their taxes by the deadline. Taxpayers who can not pay all taxes owed can reduce fines and charges interses if submitted on time and pay what they can. This is because the penalty for filing late is typically 10 times higher than the fine for late payment. Must ensure that the declaration or request an extension before the deadline.
The late payment penalty is usually 5 percent per month and could be as much as 25 percent of the unpaid tax, depending on how late this taxpayer. For a statement submitted more than 60 days late, the penalty is often $ 215. In contrast, late payment penalty is usually only 0.5 percent of the unpaid tax per month.
Payment arrangements
Taxpayers who qualify can choose to pay any amount of tax due via a payment plan installment . A payment plan can be coordinated within minutes. Those who owe $ 50,000 or less in taxes, penalties and interest combined may use the application for installment payment agreement to coordinate a short-term plan of 120 days or less, or a monthly agreement up to 72 months.
Alternatively, taxpayers can request a payment plan through Form 9465, Request for Installment Payment Plan . This form can be downloaded at IRS.gov/forms and must be mailed to the IRS along with tax return, bill or notice from the IRS.
Owe taxes?
Taxpayers who owe taxes can use Direct Payment IRS or any of the other options available electronic payments . They are safe and taxpayers receive instant confirmation when making your payment. You can also send a check or money order payable to “United States Treasury” along with Form 1040-V, Payment Voucher (in English) .
For additional help and resources, see the Service Guide IRS .