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Business & Technology

ThIs Is When You Need To Pay Uncle Sam

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ThIs Is When You Need To Pay Uncle Sam

2019-12-11 01:38:181 Oct 2018 01:53 AM EST

Business Insider reports your US tax return is due for income earned in 2019 on Wednesday, April 15th, 2020. You can file your taxes as soon as you receive your W-2 form from your employer, or 1099 forms if you're a freelancer. Those forms must be filed and postmarked on or before January 31st, 2020. If you earned less than $69,000 in 2019, you can file your federal tax return for free. Taxpayers with complicated returns, or those who are just chronic procrastinators, may want to file an extension with the IRS. Filings for extensions must be done by April 15th, or you will face interest charges and penalties. The IRS recommends electronically filing and requesting direct deposit for your refund. You'll typically get your tax refund within three weeks, rather than the standard six weeks. It's also safer than getting a check in the mail.

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