Taxes are one of those things that you can’t escape as a citizen of the United States, as Americans make many payments to the IRS throughout the year. But the truth is that we can sometimes get some of those taxes back thanks to the IRS Tax Refund. But if we don’t do things right, we won’t be able to get this money back, we’ll miss the opportunity and we’ll also have to pay penalties.
The Tax Season for 2025 ends on April 15th, 2025. Therefore, if we have not yet sent the documentation related to the payments made in 2024, we could have these problems in question. It is not a good idea to forget about this matter, as our economy could be negatively affected.
In addition, if we meet the eligibility criteria, we will get a Tax Refund from the IRS, which means we may get a stimulus check with a variable amount of money depending on our annual income. In any case, it is always an advantage to send the Tax Return and, furthermore, we must bear in mind that it is mandatory.
Until when can I send the Tax Return to the IRS?
The final day to send this documentation is April 15th. Even so, you still have time to do it, since the IRS has Tax Season open until tomorrow. In this sense, it is a good idea to send all the documentation electronically or to ask for an extension if you see that you will not have enough time to send the documents.
Requesting an extension of time for Tax Season gives you an extra 6 months, but you can’t always get this extension. We must be eligible to be able to send the documents later, but it is compulsory to pay all taxes before the deadline.
Complying with the Tax Return obligation and paying taxes are two different elements. Payment of taxes to the IRS is compulsory even if an extension of time is requested, so don’t forget to do it as soon as possible to avoid a penalty.
Likewise, if we send the Tax Return documents to the IRS after April 15th we could still get a Tax Refund, but we could have to pay a penalty for it. We must not forget at any time that the payments of the stimulus checks of the Tax Refund arrive a few days after completing all the documentation, so it is not an immediate process.