Federal Tax Deadline 2025: What To Know Before April 15

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The federal tax filing deadline is Tuesday, April 15, 2025. If you can't file in time, you can request a six-month extension (until Oct. 15) to submit your return. Keep in mind an extension gives more time to file, not to pay — any tax you owe is still due April 15. Most state income tax returns are due the same day.

Filing Options

You can file electronically through IRS Free File (free online software for eligible incomes) or the new Direct File program (filing directly with the IRS in some states). Many taxpayers use commercial tax software; those with complex returns might hire a professional preparer. Free IRS-sponsored programs (VITA, TCE, MilTax) also offer help for eligible individuals like seniors or military families.

See also: Expert Warns Of ‘Perfect Storm’ As Trump Tariffs Slam Global Stock Markets — Advises Investors To Seek Safety In Gold And Fixed-Income Instruments

Credits and Deductions

Claim any tax credits and deductions you qualify for (for example, the Earned Income Tax Credit or Child Tax Credit) to lower your tax or increase your refund.

Payments and Refunds

If you owe, try to pay by April 15 to avoid interest and penalties. If you can't pay everything, pay as much as possible and consider an IRS payment plan for the rest. Always file on time — the penalty for not filing is higher than the penalty for paying late.

If you owe nothing or are due a refund, there is no late-filing penalty, but you won't get a refund until you file. Expecting a refund? E-file with direct deposit to get it in about 21 days. Paper returns or mailed refund checks take much longer (and paper checks are being phased out).

Featured image via Shutterstock

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Got Questions? Ask
Which tax software companies may see increased demand?
How could an extension affect accounting firms?
What opportunities exist for financial advisors during tax season?
Will IRS payment plans create new market niches?
How are credit companies impacted by tax payments?
Could refund anticipation loans gain popularity?
What implications do tax credits have for consumer spending?
Are there investment opportunities in tax preparation services?
How might financial technology adapt to new filing processes?
Which insurance products may benefit from tax refund trends?
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