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Tax season ends in one week: What filers need to know
Tax season 2022 scams, ‘be on guard’: Finance expert
Credible.com personal finance expert Dan Roccato on how to avoid scams for the 2022 tax season.
The 2022 tax season is quickly coming to an end, but millions of Americans still need to file their returns to the IRS.
As of April 1, the tax-collecting agency has processed more than 89 million returns and issued more than 63 million refunds worth a collective $204 billion. The average payment so far is worth $3,352 – much larger than last year's average of about $2,800 – though it may change by the April 18 deadline.
YOUR TAX REFUND COULD BE DELAYED THIS YEAR – HERE'S WHY
If you haven’t filed yet, here’s what you need to know:
Taxes are due on April 18
The tax-filing season will end on April 18 this year for most individuals, rather than the usual deadline of April 15, because that's when Emancipation Day will be observed in Washington, D.C.
But taxpayers can request an extension until Oct. 15
If you’re an individual, you can request an extension online by filling out Form 4868 using the IRS’ "Free File" tool. You need to submit the form by April, or print the form and mail it to the IRS address for your state, making sure it's postmarked by April 18. Once you file the extension, you have until Oct. 17, 2022, to file your taxes.