Individual taxpayers who requested an extension of time to file their federal taxes have until Oct. 15, 2024, to complete and file their federal tax return. Those who already have the forms and information they need should file now – there’s no advantage to waiting until the deadline.
There are a few things extension filers should remember as they get ready to file.
Taxpayers get their refund faster by choosing direct deposit
Taxpayers should file electronically and choose direct deposit for their tax refund – it’s the fastest and safest way to receive their money.
Payment options
Those who owe taxes and can’t pay their balance in full should pay as much as they can to reduce interest and penalties for late payment. The IRS has options for people who can’t pay their taxes, including applying for a payment plan on IRS.gov. Taxpayers can view payment options or check their account balance online.
