Apr 15th, 2008
What To Do If You Miss The April 15th Tax Deadline
Eyewitness News Everywhere received the following news release on Tuesday, April 15, 2008:
Tax day has come and gone for most people, but your dealings with taxes may not be over yet. IRS spokesman Dan Boone offers these tips for handling some typical after-tax-day issues:
Didn’t file by April 15? If you failed to file a 2007 tax return by the deadline, it’s not too late but it will delay your stimulus payment (see #3). If you owe taxes with your return, it’s likely you’ll be charged interest and penalties on anything not paid by April 15, along with a late-filing penalty. It’s too late to request an extension of time to file, so the important thing is to file your return as soon as possible. To reduce the penalties and interest, pay as much as you can with the return. If you’re due a refund and file late, you probably won’t be penalized, but you could lose the refund if you don’t claim it within 3 years.
Want to check the status of your refund? Visit IRS.gov and click on “Where’s My Refund?”. You’ll need to input the primary Social Security Number on your return, your filing status (Single, Married Filing Jointly, etc.) and the amount of refund you expect. If you don’t have Internet access, call 1-800-829-1954 to check on your refund.
Hoping to get an economic stimulus payment? The payments will be distributed beginning May 2. If your 2007 tax return was processed by April 15 and you are eligible for a payment, the distribution schedule posted at IRS.gov should apply to you. You can use the Economic Stimulus Payment Calculator at IRS.gov to see if you’re eligible and to calculate the amount to expect, but you’ll need information off your completed 2007 tax return to use the online calculator. IMPORTANT: You must file a 2007 tax return by Oct. 15, 2008 if you want to get a stimulus payment in 2008. For assistance with stimulus payment questions, visit IRS.gov or call the IRS toll-free at 1-866-234-2942.
Tags: 15th, april