5 Tax Tips If You Missed the Deadline

The April 15 filing deadline has passed. If you didn’t file for an extension and haven’t filed your taxes yet, it is

important that you file soon. Here are some tips for taxpayers who missed the tax deadline.

If you owe taxes, you should file and pay as soon as you can. Penalties and interest collect on your taxes each

month they remain unfiled and unpaid.  While there is no penalty for filing a late return if you are due a refund, the

sooner you file, the sooner you receive your refund.

File as soon as you can

E-filing is the safest and easiest way to file your taxes. The IRS’ Free File program allows taxpayers whose income is less than $60,000 to use brand-

name tax software to file their federal taxes for free.

IRS Free File is Your Best Option

If you made more than $60,000, you can still use Free File Fillable Forms to e-file. This program uses electronic versions of IRS paper forms. No matter who prepares your tax return, you can

use IRS e-file through Oct. 15.

Use IRS E-file to Do Your Taxes

If you owe taxes and are unable to pay in full, pay as much as you can when you file your return. Doing so will reduce the amount of penalties and interest assessed on

the debt.

Pay As Much As You Can

 If you need more time to pay your taxes, the IRS allows you to pay over time with an installment

agreement. You can apply for an installment agreement online at IRS.gov or you can mail in

Form 9465, Installment Agreement Request.

Apply for an Installment Agreement

To Learn MoreVisit

www.reliancetaxgroup.com

Or Call(877) 597-0153

Works Cited: U.S. Department of the Treasury, Internal Revenue Service. If You Missed the Tax Deadline These Tips Can Help. IRS Tax Tip 2015-62. Washington: GPO, 2015.