"If your April 15 is panicked enough that free food and massages are completely out of the question, here are some tips and reminders that might ease your mind as zero hour approaches.Photo by David Reber's Hammer Photography.
Last-Minute Filing and Extensions
- Form 4868: (Direct PDF link) The form for filing for an extension on paying your taxes.
- 10 last-minute mistakes to check for: Including your signature, overlooked deductions, and not reporting your stimulus payment. [USA Today]
- Why missing the deadline might not be so bad: Especially if you've got enough money to pay what you owed last year, there's a good chance you can send that in, file for an extension, and take the weekend to finish things up with minor interest charges. [Kiplinger's Personal Finance]
- Last-minute IRA contributions: Just about the only thing you can do to move the needle toward less money at this point, at least if you've already got an IRA set up. [Consumer Reports Money Blog]
Audits and Refunds
- Tax audit red flags: Pretending that the corner of your living room with a desktop PC is a 'home office?' The IRS may want to have a few words with you. [Bargaineering]
- Filing online and filing extensions do not trigger audits: It's incorrect information and non-matched funds that trigger audits, not how you file or how long you take. [USA Today]
- Stand Up to the IRS: In case you do get audited, here's a free ebook on how not to get pushed around. [Tax Attorney Daily]
- Track your federal refund online: Once you're done with the heavy lifting, the lucky ones can wait for their funds to roll on back to them. [IRS via Get Rich Slowly]
Not enough tax reading for you? Our Taxes tag page contains our posts, and your tips, over the many years that we've all been shoving our packets in the mail together.
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