You get a couple of extra days to file your tax returns this year, but that doesn’t mean you should wait until the last minute. For shorter waits, have your taxes done before the procrastinators!
This year, the 2017 individual income tax returns are due on April 17 because the 15th falls on a Sunday and Monday is the Emancipation Day holiday in Washington, DC. Kentucky follows the federal due date.
If you need help completing your tax forms, free resources are available for low- and moderate-income taxpayers. AARP Foundation’s Tax-Aide has nearly 5,000 locations nationwide. Click here to find a Tax-Aide site near you; simply enter your ZIP code. Hours are subject to change, so call before you go.
Before your appointment, gather, organize and review your documents. Looking at last year’s return will refresh your memory and help you identify any missing information. In fact, it’s a good idea to take your prior-year return with you when you meet with your tax preparer – especially if he or she is not the same person who did the tax return last year. The AARP also has a list of documents and information helpful in preparing tax returns.
Volunteer Income Tax Assistance (VITA) is also another resource. The IRS has a VITA site location tool here.
If you cannot file your taxes on time, you can file for a six-month extension. However, an extension does not give you extra time to pay your taxes. Federal and state governments require that you estimate the taxes you owe to them and pay that amount with the extension.
A little preparation takes the headache out of tax filing, so make time today.