The April 18, 2023, filing deadline for federal tax returns for 2022 is upon us. If you are unable to file by this deadline, you should request an extension now. However, this does not mean your obligation to pay if you owe is extended. You should pay what is owed to the IRS by the filing deadline, so you are not faced with penalties and interest. Those who request and are granted an extension to file will have until October 16, 2023, to do so.

Click the link below to read more from the IRS on the topic of filing extensions.

Taxpayers should know that an extension to file is not an extension to pay taxes | Internal Revenue Service (irs.gov)

Reach out to the Holbrook & Manter team with any questions you may have.