when is tax day 2025

Vender Womder

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23-11-2024

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Tax Day 2025 falls on Monday, April 14th. This is because April 15th, the traditional tax deadline, falls on a Wednesday in 2025, and when the 15th falls on a weekend or holiday, the deadline is shifted to the next business day.

Understanding the Tax Deadline Shift

The IRS typically sets the tax filing deadline as April 15th. However, this date can shift due to weekends or holidays. The principle is simple: taxpayers have until the next business day following a weekend or holiday that falls on April 15th.

In 2025, April 15th is a Wednesday, meaning there's no weekend or holiday to cause a shift.

Key Dates to Remember for 2025 Tax Season

While April 14th is the main date to remember, it's beneficial to be aware of other important deadlines:

• Tax Filing Deadline: Monday, April 14th, 2025
• Estimated Tax Payments: Quarterly estimated tax payments for 2025 will have deadlines of April 15th, June 16th, September 15th, and January 15th, 2026. These dates are subject to the same weekend/holiday shift rules as the main filing deadline.

Preparing for Tax Day 2025

Don't wait until the last minute! Start gathering your tax documents well in advance of April 14th, 2025. This includes:

• W-2 Forms: From your employers, showing your wages and withholdings.
• 1099 Forms: Reporting income from freelance work, investments, or other sources.
• Receipts for Deductions: Keep records of charitable donations, medical expenses, and other deductible items.
• Tax Returns from Previous Years: These can be helpful for reference.

Where to File Your Taxes

You have several options for filing your taxes:

• Online Tax Software: Many reputable software programs make filing easy and can even guide you through the process.
• Tax Professionals: CPAs and other tax professionals can provide assistance, especially if your tax situation is complex.
• IRS Free File: The IRS offers free online filing options for taxpayers who meet certain income requirements.

Penalties for Late Filing

Failing to file your taxes by the April 14th, 2025, deadline can result in penalties. These penalties can be significant, so it's crucial to file on time, or request an extension if necessary.

Remember, planning ahead and staying organized can significantly reduce stress during tax season. Mark your calendar for Monday, April 14th, 2025, and start preparing now!