Tax Day 2022: Why this year will be on April 18th?

men United States tax day The deadline is generally due April 15. However, the IRS schedule has been set for 2022 April 18 As the last day to submit your homework.

according to Department of Internal RevenueThe three-day extension occurred due to a local holiday in Washington, DC.

Taxpayers will be Extra days to offer their extensions or terminate their returns.

What capital holiday are we talking about?

The liberation day Move the deadline to tax day.

liberation day It is a holiday celebrated in Washington DC. It salutes President Abraham Lincoln’s signature of the Emancipation Proceedings Act.

employment April 161862, Abraham Lincoln I signed the Compensatory Emancipation Act, which Free more than 3000 slaves in the District of Columbia.

Local government offices are closed, and many public services are not operating in the District of Columbia.

“By law, holidays in Washington, D.C. affect everyone’s tax deadlines in the same way that federal holidays,” the IRS explained in a statement.

Tax deadline moved to April 18.

According to Timeandate.com, since 1954, tax day Fall outside April 15th only 26 times. At 67 years old, April 15th is the most popular day to fill out all your taxes.

Do other countries have extra holidays?

Yes they do.

states Massachusetts And who You have an extra day to report their taxes or file an extension.

April 19 It is their deadline.

Submit your tax file on time

“If you have a refund coming from tax authority — as about three out of four taxpayers do each year — there is no penalty for not filing your tax return by the deadline, even if you don’t ask for an extension,” TurboTax Says.

If you owe the IRS and you don’t File and pay by April 18“You will likely end up with a late payment penalty of 0.5% per month, or part thereof, until the tax is paid,” plus benefit for the amount you did not pay.