03/19/2025
Although I do not prepare income tax returns, please see below for some helpful information published by Kiplinger.
The due date for most individual 2024 returns is April 15. Taxpayers in disaster areas have more time to file and pay: May 1 for those in all of Ala.,Fla., Ga., N.C. and S.C., and parts of Alaska, N.M., Tenn., Va. and W.Va. Oct. 15 for victims of the recent Southern Calif. wildfires. And Nov. 3 for flood victims in Ky.
You can get a filing extension until Oct. 15 if you’re not ready. The extra time extends only to the tax return filing deadline, not to paying any taxes that you owe. You can get an extension in multiple ways. Use IRS’s Free File to e-file Form 4868
and pay if you expect to owe tax. Pay electronically through IRS’s Direct Pay service or the Electronic Federal Tax Payment System. Or mail Form 4868 with a payment.
If you’re due a refund, hopefully you would have already filed your 1040. But if not, understand that filing a refund return late won’t subject you to penalties. That’s because taxpayers owe late-filing or late-payment penalties only if they owe tax.
You’re ready to fill out your 2024 return but haven’t yet received your W-2. What to do? If you have an IRS individual online tax account, check it out, because IRS is adding 2023 and 2024 W-2s filed by employers to it. Create an account if you don’t already have one. State and local tax data aren’t available on the W-2s
in the online tax accounts. Contact your employer and ask for a copy of the W-2. If all else fails, timely file your 1040 and attach Form 4852, a substitute W-2 form on which you would estimate your wages and taxes withheld to the best of your ability.
Looking last-minute for a tax pro to help you prepare and file your return? If you don’t otherwise have a preparer, you want to find someone who is qualified and knows the ever-changing tax laws, while also weeding out unreliable preparers. Here are some tips for choosing a qualified return preparer this filing season:
Maybe you want a credentialed preparer, meaning someone vetted by IRS, a state or regulatory board. The most common are CPAs, lawyers and enrolled agents. One way to find a credentialed preparer near you is to use IRS’s online Directory
of Federal Tax Return Preparers with Credentials and Select Qualifications. Most non-credentialed preparers also provide outstanding tax prep service. Ask the right questions. Request to see the person’s up-to-date credentials. If not credentialed, inquire about education, experience and what he or she does
to keep up with tax law changes. Ask if the fees are by the hour or by the return, or if there’s a minimum fee, with add-ons depending on the return’s complexity.
If the amount of your refund looks too good to be true...well, you know the adage. Avoid preparers who engage in the following egregious misconduct: Basing his or her fee on a percentage of your refund. Asking you to sign a blank return. Saying that you don’t need to review the return. And not putting his or her signature or preparer tax ID number at the bottom of the return before filing it with IRS.
Send a message to learn more