Great question! But what you really meant to ask is – when can I file my 2014 taxes?
It’s a bit confusing. In 2015 you will be filing your 2014 taxes, settling up with Uncle Sam on the income you made in 2014.
Here’s a calendar of helpful dates and deadlines for filing your income taxes in 2015 (Tax Year 2014).
If you have any questions, feel free to drop us a line.
January 5, 2015
Common Form opens its virtual doors and begins accepting 2014 tax returns. You may submit your return and we will hold it until IRS e-file opens.
Late January (date TBD), 2015
IRS e-file goes live and begins accepting returns. If you filed your taxes with us before this date, we will submit your return as soon as IRS is ready to accept it. The exact day varies each year and isn’t set for 2015 yet. It relies on Congress and IRS having their act together (ha!). We’ll update this post when the date is finalized.
January 31, 2015
Deadline for your employer to mail you your 2014 W-2. Note this is a mailing deadline, not a receipt deadline, so if your company is slacking, it may take a few extra days to get it via snail mail. Many employers offer electronic versions via the same website you can view your pay checks. If you received unemployment income, this is also the deadline for the state(s) to provide you with a 1099-G.
April 15, 2015
Also known as “tax day.” Most people believe this is the deadline to file your income taxes. That’s close enough. It’s actually a payment deadline rather than a filing deadline. If you owe IRS additional taxes, you must file and pay them by this date to avoid fees and penalties. If you’re getting a refund, this deadline doesn’t apply to you. You can file for up to 3 years with no late fees. But why be lazy and extend the interest free loan you’re giving Uncle Sam?
If you want to, you could file an extension. But extensions are fool’s gold – you still have to pay at least 90% of taxes owed.
October 15, 2015
If you filed an extension and owe additional taxes, this is your deadline to file your completed return and pay any remaining taxes owed.
When Can I File My 2015 Taxes originally appeared on the Common Form blog. Thanks to Bill Hendricks for allowing us to share his article with our audience.
Bill Hendricks is the CEO and co-founder of Common Form, which helps people with simple finances file taxes in 5 minutes from their phone or computer.