The Internal Revenue Service is reminding the estimated 19 million taxpayers who requested an extension to file their 2021 tax return that they don’t have to wait until mid-October to file. If a taxpayer has all the necessary information to file an accurate return, they can file electronically at any time before the October deadline and avoid a last-minute rush to file.
Taxpayers who requested more time to file an accurate return have until October 17, 2022. Those who have what they need to file, however, should file as soon as possible to avoid delays in processing their return.
Electronic filing options
The IRS advises individuals who still need to file a 2021 tax return to file electronically and, if due a refund, to choose direct deposit.
Filing electronically is fast, accurate and secure, and when an individual chooses direct deposit, their refund goes directly from the IRS into their bank or financial account getting them their refund in the fastest time possible. If they have a prepaid debit card, they may be able to have their refund applied to the card by providing the account and routing number to the IRS. The IRS processes most e-filed returns and issues direct deposit refunds in less than 21 days.
There are also various types of tax return preparers who can help, including certified public accountants, enrolled agents, attorneys and others who don’t have a professional credential.
Victor Felix is our Lead Enrolled Agent. You could call us today on our phone number: (323) 263-3399, so that we could schedule an appointment as soon as possible.