These are some last minute tips from the IRS


The Internal Revenue Service today offered a series of tips to taxpayers who still work on their 2017 taxes. These basic tips are designed to help people avoid common mistakes, which could delay repayments or cause tax problems in the future .
As the due date approaches April 17, the IRS encourages taxpayers to file electronically. By doing so, either through e-file or Free File of the IRS, greatly reduces errors in tax returns, since the tax software makes the calculations, points out common errors and asks the taxpayers for the missing information. Free File interactive forms mean that there is a free option for everyone.
Request additional time
Any person who needs more time to present can get it. The easiest way to get it is through the link Free File on In a matter of minutes, anyone, regardless of their income, can use the free service to electronically request an extension in the Form 4868 (SP) , Request for Automatic Extension to File the Personal Income Tax Return of the United States . Taxpayers have to estimate their tax liability on this form and pay any amount they owe.
Alternatively, individuals can complete Form 4868 (SP) on paper and mail it to the IRS. The form must be mailed with a postmark of April 17 or earlier. You can download, print and submit at any time, in (in English) .
However, taxpayers are reminded that an extension to file does not extend the payment deadline. Tax payments expire on April 17, generally, and taxpayers must pay as much as they can to avoid possible fines and interest.
Make a payment, receive an extension
In addition to using Free File to obtain an extension to file, taxpayers can also obtain an extension by paying all or part of the income tax they estimate they owe and indicating that the payment is for an extension, by using IRS Direct Pay (in English) , the Electronic Federal Tax Payment System ( EFTPS, for its acronym in English) , or pay with a credit or debit card. By choosing “deferral” as the reason for payment, the IRS will also accept the payment as an extension – without having to file a separate Form 4868 (SP). Taxpayers will also receive a confirmation number for their records. By paying with Direct Pay and EFTPS, taxpayers can sign up to receive notifications by email.
Any payment made with an extension request will also reduce or eliminate interest and late payment penalties that apply to payments made after April 17. The interest rate is currently five percent per year, calculated daily and the fine for late payment is normally 0.5 percent per month.
The safest and fastest way for taxpayers to obtain a refund is to deposit electronically in their bank or other financial account. You can use direct deposit to deposit your refund in one, two, or even three accounts. See the Form 8888 (in English) , Rebate division , for the details.
After presenting, use “Where is my refund?” on, or download the mobile application IRS2Go to check the status of your refund. It provides the most up-to-date information. It is updated once a day, usually at night, so checking more frequently will not generate new information. Calling the IRS will not produce results other than those that are available online, nor will it result in a tax transcript.
The IRS issues nine out of 10 reimbursements in less than 21 days.
Special instructions for those who present on paper
Mathematical errors and other errors are common in paper statements, especially those that are prepared or presented in a hurry at the last moment. The following tips can help those who choose this option:
Enter all the requested Taxpayer Identification Numbers, which are usually social security numbers, including those of all dependents claimed on the tax return. Mark only a civil tax status and the boxes for the appropriate exemptions.
When using the tributary tables (in English) , be sure to use the correct row and column for the tax filing status you claimed and the amount of tax revenue shown on the return.
Sign and date the statement. If you file a joint return, both spouses must sign.
Attach all required forms and attachments.
Mail the statement to the correct address. Check it in Where to present , on
Fines and interests
By law, the IRS can impose fines to taxpayers for not filing a tax return and for not paying the taxes they owe before the deadline. Taxpayers who think they do not comply with the filing deadline, because they can not pay all the tax they owe, should consider submitting and paying what they can, to reduce interest and fines. Fines for those who owe taxes and do not file a tax return or extension request by April 17 may be more than if they filed the return and did not pay the tax owed.
The fine for not filing is usually 5 percent per month and can be up to 25 percent of the tax pending payment, depending on how long it takes the taxpayer to file. The fine for not paying, which is the fine on any tax not paid by the deadline, is 0.5 percent of the outstanding tax per month.
Payment plans by installments
Taxpayers can choose to pay taxes owed over time through a installment plan. A plan for online installment payments can be established in a matter of minutes. Individuals who owe $ 50,000 or less in a combination of taxes, penalties and interest, can use the Online Payment Agreement application to establish a short-term payment plan of 120 days or less, or a monthly agreement for up to 72 months .
As an alternative, taxpayers can request a payment plan in installments when submitting the Form 9465 (SP). This form can be downloaded at and must be sent to the IRS along with a tax return, invoice or IRS notice.
Do you owe taxes?
Taxpayers who owe taxes can use Direct Pay from the IRS or another of the many options of electronic payment . They are safe and easy and taxpayers receive immediate confirmation of payment. Or, mail a check or money order payable to “United States Treasury” along with a payment coupon, the Form 1040-V (in English) .


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