When Is Tax Day This Year? That Depends

When Is Tax Day This Year? That Depends Photo (cc) by 401(K) 2013

Tick-tock: The Internal Revenue Service wants your tax returns. If you’ve already filed, give yourself a pat on the back. If you haven’t filed yet, no worries; you have a few extra days this year to get your return to the IRS.

Because April 15 is Emancipation Day — a legal holiday that is relatively unknown outside the place it is celebrated, Washington, D.C. — taxpayers have until Monday, April 18, to file their tax returns.

Meanwhile, residents of two states have even longer to file.

Maine and Massachusetts celebrate Patriots’ Day on April 18. It’s another little-known holiday that commemorates the battles of Lexington and Concord — the first battles of the Revolutionary War. Patriots’ Day is held on the third Monday of April, which happens to fall on April 18 this year, USA Today reports.

So residents of those two states have until Tuesday, April 19, to file their individual income tax returns.

However, USA Today warns residents of those two states not to push their luck if they are making estimated tax payments for the first quarter of 2016. Those payments are still due on April 18.

The IRS facility that takes estimated taxes is located in a place outside the states of Maine and Massachusetts. So there is no Patriots’ Day exemption for residents who are required to submit the first installment of their estimated income tax payment information by April 18.

Despite having a few extra days to procrastinate this year, USA Today says a recent survey from RetailMeNot revealed that that the majority of Americans have already filed their returns.

“Eighty-six percent of people surveyed in our recent poll have handled their taxes before March 31st,” notes Sara Skirboll of RetailMeNot.com.

To learn more about preparing for the 2016 tax season, be sure to check out Money Talks News’ new tax course taught by Stacy Johnson: “Mastering Taxes: Slash Your Taxes and Have Fun Doing It!” (Readers can save 28 percent via that link.)

Have you filed your taxes yet? Share your comments below or on our Facebook page.

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