Why Is April 15 the Tax Deadline?

Tax day falls on April 15, 2019. That’s the deadline for filing taxes on income earned in 2018. For those who file an extension, tax day is October 15, 2019. They must file the extension by April 15. Tax day is also the deadline for 2018 contributions to an individual retirement account. Tax day for those who live outside the United States is June 15, 2019. The Internal Revenue Service grants them an automatic extension. The Internal Revenue Service began processing returns on January 22, 2019. Workers who have large withholdings on their W-2 often want to file early. They want to receive their refund as soon as possible. On average, it takes 21 days for the IRS to process the refund. Click to read more at www.thebalance.com.