US tax deadline today: IRS warns mailing delays could make returns late — here’s what to do
World

US tax deadline today: IRS warns mailing delays could make returns late — here’s what to do

Mint·2h ago·Neutral

What Happened

The US tax filing deadline is April 15, 2025. Taxpayers can request an automatic extension until October 15 using Form 4868 or IRS Free File. However, taxes owed must still be paid by April 15 to avoid penalties. Late filing penalties start at 5% monthly, capping at 25%. Late payment penalties are 0.5% monthly, increasing to 1% if unpaid after IRS notice. Interest accrues daily at 7%.

Key Entities

IRSApril 15 deadlineForm 4868Extension until October 155% monthly penalty0.5% late payment penaltyIRS Free File

AI Tools

Original Source

MintRead original →