State and federal income tax deadlines are fast approaching, and it’s essential for taxpayers to be aware of their obligations and options for filing taxes. The Deadline: April 15, 2024
The deadline to file state and federal income taxes for the 2024 tax year is April 15, 2024, according to the Connecticut Department of Revenue Services (DPS) and the IRS. Taxpayers who fail to file their tax returns by this deadline may face penalties and interest on any taxes owed.
**Who Must File?**
The following individuals and entities must file a federal income tax return by April 15, 2024:
* Self-employed individuals
* Retirees
* Investors
* Businesses and corporations
* Those who had federal income tax withheld
* Those who made tax payments to the federal government
* Those who have income from sources within Connecticut
* Those who are required to pay the federal alternative minimum tax
* Those who are claiming the Connecticut Earned Income Tax Credit
Taxpayers who must file a federal income tax return can check their tax information, view payments, and see their balance owed by visiting their IRS Online Account. How to Get an Extension
Those who are unable to file their federal income tax return by April 15, 2024, may request an extension of time to file using Form 4868. However, any taxes owed are still due by the April 15 deadline. Taxpayers can check their IRS Online Account to view any balance owed. To file a federal income tax return and request an extension, taxpayers can:
* Pay tax payments by April 15, 2024, and mark them as part of filing for an extension
* Use the IRS Free File service to submit an extension
* File Form 4868 by mail, online, or through a tax professional
The IRS offers a two-month automatic extension to file tax returns for certain individuals, including:
* United States citizens
* Green card holders
* Members of the military living or working outside the United States
However, this extension does not apply to taxpayers who owe a payment from their most recent tax return. Free Tax Filing Options
Taxpayers can file state income taxes for free using myconneCT, an online tax filing portal provided by the Connecticut DPS. For federal income taxes, taxpayers can use:
* IRS Direct File for those who have lived or worked in Connecticut (or 24 other select states) in 2024
* IRS Free File for those with an adjusted gross income of $84,000 or less
* IRS Free File for those with an adjusted gross income of $84,000 or less, regardless of income
Some taxpayers may also need to file state taxes. After completing a federal tax return on IRS Direct File, the service will direct the taxpayer to their state’s free filing tool. Key Takeaways
* The deadline to file state and federal income taxes for the 2024 tax year is April 15, 2024. * Taxpayers who must file a federal income tax return can check their tax information, view payments, and see their balance owed by visiting their IRS Online Account. * Those who are unable to file their federal income tax return by April 15, 2024, may request an extension of time to file using Form 4868. * Taxpayers can file state income taxes for free using myconneCT and IRS Direct File or IRS Free File. * The IRS offers a two-month automatic extension to file tax returns for certain individuals, including United States citizens, green card holders, and members of the military living or working outside the United States.
News is a contributor at Accountant Log. We are committed to providing well-researched, accurate, and valuable content to our readers.
