If you need to find a tax software service to use, and you make $73,000 or less, you can find an IRS-approved free filing service easily. The IRS says that taxpayers can file and schedule their federal tax payments online, by phone or with the mobile IRS2Go app. The agency also asks that you sign up for direct deposit to get your money faster. The IRS is asking taxpayers to file electronically this year and to carefully review their details before submitting to avoid any errors that could potentially delay their refund. Some refunds, especially for more complicated returns or those that need corrections, could take months to arrive. Otherwise, you will have accrued interest on what you owe, which you'll eventually have to pay - plus possible penalties - on top of your income taxes. According to the IRS, you need to estimate and pay at least 90% of your tax liability by the deadline to avoid late fees. Extending your filing deadline doesn't delay when you have to pay taxes that you may owe. Will an extension delay any taxes you owe to the IRS? US citizens who live outside the country have until June 15 to file. This year, the IRS extended the tax deadline for residents in seven states. This includes military personnel who are serving in a combat zone or persons in federally declared disaster areas. Some taxpayers are automatically granted more time to file. If you don't pay your estimated taxes with your extension and owe money, you'll have to pay interest on that money as well as a potential penalty when you do file. However, if you think that you owe taxes, you'll need to pay your estimated income tax due using Direct Pay, the Electronic Federal Tax Payment System or using a debit or credit card.
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