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IRS Deadline Extended April 18

IRS Deadline Extended April 18 - Tax payers will get three extra days to file their federal tax returns this year as the IRS announced that the tax deadline is extended to April 18.

The extension comes not because of a delay in the ability to for those itemizing their returns, but because of Emancipation Day, a holiday observed in the District of Columbia, that falls this year on Friday, April 15. By law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do; therefore, all taxpayers will have three extra days to file this year.

IRS Deadline Extended April 18

By the way, if you're unemployed, there are a few things you need to keep in mind as you think about taxes.

A tax break last year that exempted the first $2,400 of unemployment insurance from income tax has expired and all income from unemployment insurance is now subject to federal taxes.

Also, check with an accountant if you were forced to tap your IRA or 401K to make ends meet. Depending on the reason you needed that money, penalties for early withdrawal may be waived.

IRS Deadline Extended April 18

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