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If you are among the more than 12 million taxpayers who requested a six-month extension but have yet to file, you’re running out of time. The Internal Revenue Service announced a reminder today that tax-filing and payment extensions expire October 15. Returns can be filed electronically via IRS e-file or Free File.
October 15 is the last day to file, however military members and those serving in Afghanistan or other combat zones generally have until at least 180 days after leaving the combat zone to file returns and pay taxes. In addition, anyone affected by the storms and flooding in Colorado have until Dec. 2, 2013 to both file their returns and pay taxes.
The IRS also prompted taxpayers to check their returns for overlooked tax benefits. The IRS lists these commonly overlooked credits and deductions:
- Benefits for low-and moderate-income workers and families, especially the Earned Income Tax Credit.
- Savers credit for low-and moderate-income workers who contributed to a retirement plan, such as an IRA or 401(k).
- American Opportunity Tax Credit and other education tax benefits for parents and college students.
- Same-sex couples, legally married in jurisdictions that recognize their marriages, are now viewed as married, regardless of residence. This applies to any return, including 2012 returns, filed on or after Sept. 16, 2013.