Tax Tip: April 17th Is Tax Day
The IRS announced yesterday that April 17, not 15, is this year’s tax deadline. Why? April 15 falls on a Sunday and April 16 is Emancipation Day, a legal holiday in the District of Columbia. The deadline applies to the following:
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• 2006 federal individual income tax returns, whether filed electronically or on paper.
• Requests for an automatic six-month tax-filing extension, whether submitted electronically or on Form 4868.
• Tax year 2006 balance due payments, whether made electronically (direct debit or credit card) or by check.
• Tax-year 2006 contributions to a Roth or traditional IRA.
• Individual estimated tax payments for the first quarter of 2007, whether made electronically or by check.
• Individual refund claims for tax year 2003, where the regular three-year statute of limitations is expiring.
Remember, just because you have an extra day, doesn’t mean you have to use it.—MEGHANN MARCO
Taxpayers Have Until April 17 to File and Pay [IRS]
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