- Am I going to have penalties for filing this late?
If you are getting a refund there is no penalty for filing after the April deadline. If you owe tax due and did not pay when you requested an extension (or if you did not request an extension) then you are subject to late filing penalties and interest owed on the tax due.
- Help, I owe taxes but can’t pay them!
To apply for a payment plan with the IRS
Apply Online for a Payment Plan
- I'm missing a document to finish my taxes, what should I do?
You do not mention what tax document you are missing. W-2's come from employers, so you need to seek your W-2 from the employer. There are also many kinds of 1099's----what kind are you missing?
There are over a dozen kinds of 1099's. A 1099NEC is typically issued by an individual or business for whom you performed work as an independent contractor, so seek a copy from them if you did not save yours. Many of the other types of 1099's are issued by banks, brokerages and other financial institutions from which you can seek copies. Or...are you missing a form from a lender, a college, etc., etc.? You need to seek those forms from the issuer of the form.
You can get a wage and income transcript from the IRS: It will not show the actual W-2, 1099’s, etc, but will show the income information the IRS received. It will not, however, show your state information. It will only show the federal information.
https://www.irs.gov/individuals/get-transcript
What happens if I make a mistake as I rush to finish and file?
If you rush and make mistakes, then e-file a return that is accepted by the IRS, you will have to wait for the return to be fully processed and then amend to correct your mistakes or add your missing information. Rushing to finish is a poor idea; slow down and file correctly and completely. The process to amend can take months.
- Can I still contribute to my retirement accounts?
No. The deadline to contribute to a retirement account for a 2024 tax return was April 15, 2025.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
