OUR THOUGHTS ON:

1040 Deadline Extended to April 17, 2012

Tax

By Mark DiPietrantonio

The Internal Revenue Service has announced that taxpayers have until April 17, 2012 to file their 2011 individual income tax returns and pay any tax due.

The extension of the 2012 tax filing season is due to the fact that April 15th falls on a Sunday, and Emancipation Day, a Washington D.C. holiday, falls on Monday, April 16th.

According to federal law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do, therefore, taxpayers will have two additional days to file their 2011 federal tax returns or extensions.

Taxpayers who extend their 2011 federal tax return will have until October 15, 2012 to file their return. However, keep in mind that any tax due must be paid on or before April 17, 2012.

© 2012 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

This advice is not intended or written to be used for, and it cannot be used for, the purpose of avoiding any federal tax penalties that may be imposed, or for promoting, marketing or recommending to another person, any tax related matter.

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Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

© 2018 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

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