Last-Minute Tax Filing Tips for 2025

As the April 15 deadline approaches for filing income taxes for the year 2025, individuals who have yet to submit their returns are encouraged to either file on time or request an automatic six-month extension. This extension can be obtained by submitting Form 4868, which allows taxpayers to delay filing until October 15 without incurring late-filing penalties, provided they pay any owed taxes by the original deadline.

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Former IRS Commissioner Danny Werfel warns against relying on general-use AI platforms, such as ChatGPT or Google Gemini, for tax-related inquiries. These platforms lack the specific training required for accurate tax compliance and may lead to incorrect information, especially given the complexities introduced by new tax laws. Werfel emphasizes that using these tools could result in returns being flagged for human review, delaying refunds and complicating the filing process.

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For those needing last-minute help, the IRS offers resources like the Interactive Tax Assistant. Additionally, low-income individuals aged 60 and above can access free tax assistance through the Volunteer Income Tax Assistance (VITA) program or by contacting AARP. Military personnel can utilize MilTax for free filing support.

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Taxpayers who anticipate owing money but cannot file by April 15 should ensure they submit Form 4868 to avoid late-filing penalties. However, interest will still accrue on any unpaid balance, and a late-payment penalty may apply if the owed amount is not settled by the deadline. The IRS imposes a late-filing penalty of 5% of the outstanding balance for each month the return is late, capped at 25%.

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Before submitting returns, it is crucial to double-check all entries, including Social Security numbers and third-party tax forms like W-2s and 1099s. Errors can lead to processing delays. To expedite refunds, taxpayers should provide direct deposit information on their returns. This method typically results in refunds being processed within 21 days. For those opting to mail their returns, it is advisable to visit a Postal Service retail location for a manual postmark to ensure timely submission.

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As the tax deadline nears, taxpayers are urged to be diligent in their filing processes. Utilizing reliable resources and ensuring accuracy can help avoid penalties and expedite refunds. For those needing assistance, various programs are available to provide support and guidance.

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