Weather     Live Markets

The majority of US taxpayers are required to file their income taxes by Monday, April 15th. However, there are some exceptions to this deadline. Two states, Maine and Massachusetts, have extended deadlines due to holidays, and residents of nine states affected by natural disasters have also been granted extensions by the IRS. The deadline to file your 2023 federal tax return depends on which state you live in and whether you were impacted by a natural disaster.

States such as Alaska, California, Connecticut, Hawaii, Maine, Michigan, Rhode Island, Tennessee, and West Virginia have been granted federal tax filing extensions due to severe storms, flooding, wildfires, tornadoes, and other disasters. Taxpayers in these states now have until June 17, 2024, to file their federal individual and business tax returns, with some locations having even further extensions. Additionally, taxpayers in specific areas can request a tax extension, moving their deadline to October 15, 2024, although any owed taxes are still due at the original deadline.

In addition to the federal deadline, there are nine states that have tax deadlines that differ from the federal deadline. These states are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, which do not collect income taxes. States such as Delaware, Hawaii, Iowa, Louisiana, Massachusetts, New Mexico, Oklahoma, and Virginia have varying tax deadlines ranging from April 15th to May 15th. It is essential for taxpayers to be aware of their state’s specific filing deadline to avoid penalties.

Taxpayers who are claiming the child tax credit should expect their tax refund within a specific timeframe. It is crucial to understand the quickest way to get your tax refund, especially if you are in need of the funds. By familiarizing yourself with the tax deadlines in your state and any extensions granted due to natural disasters, you can ensure that your tax return is submitted on time and accurately. Stay informed about any changes or updates to tax laws and regulations to avoid any potential issues when filing your taxes.

Overall, it is essential for taxpayers to be aware of their specific state tax filing deadlines, especially if they reside in states with extensions due to natural disasters. By understanding the various deadlines and extensions available, individuals can avoid penalties and ensure that their tax returns are submitted accurately and on time. Additionally, knowing when to expect a tax refund, especially for those claiming the child tax credit, can help in planning your finances effectively. Stay informed and seek assistance from tax professionals if needed to navigate the complex tax filing process.

Share.
Exit mobile version