when do i need to file taxes 2025

Mac Grediser

2 min read

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27-11-2024

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When Do I Need to File My Taxes in 2025?

Tax season can be stressful, but knowing the deadlines ahead of time can ease some anxiety. This article clarifies the tax filing deadlines for the 2025 tax year (taxes filed in 2025 for the income earned in 2024). Remember, these dates are subject to change, so always confirm with the IRS website closer to the filing season.

The Usual Deadline:

For most taxpayers, the deadline to file your 2024 federal income tax return is typically April 15, 2025. This applies if you're an individual, self-employed, or a small business owner. This date is the same whether you file electronically or by mail.

Exceptions to the Rule:

Several circumstances can shift your tax filing deadline:

• Living Abroad: If you're a U.S. citizen living abroad, you might have an automatic extension until June 15, 2025. However, you may still need to pay your taxes by April 15, 2025, to avoid penalties. The specifics depend on your location and circumstances, so consult a tax professional or the IRS's international tax information.

• Natural Disasters: If a federally declared disaster affects your area, the IRS may grant an extension. Check the IRS website for updates on disaster relief and extended deadlines if you're impacted.

• Extensions: You can request an automatic six-month extension to file your return until October 15, 2025. However, this only extends the filing deadline, not the payment deadline. You'll still need to estimate and pay your taxes by April 15, 2025, to avoid penalties. Applying for an extension is typically done through Form 4868.

Important Considerations:

• Estimated Taxes: If you're self-employed or have significant income from sources other than a traditional job (like investments or freelancing), you might need to pay estimated taxes throughout the year to avoid penalties. These quarterly payments are due on April 15, June 15, September 15, and January 15.

• State Taxes: State tax deadlines vary. Your state may have a different filing deadline than the federal government. Consult your state's tax agency website for specific information.

• Penalties: Filing late or failing to pay taxes on time can result in penalties and interest charges.

Where to Find More Information:

The most accurate and up-to-date information on tax deadlines and requirements is available directly from the IRS website (irs.gov). You can also consult a tax professional for personalized guidance based on your specific financial situation.

Disclaimer: This article provides general information and should not be considered professional tax advice. Consult a qualified tax advisor for personalized guidance.