Tax Day arrived on Tuesday with Americans facing a midnight deadline to file their tax returns. However, if they need more time, they can file an extension and get a reprieve until later this year. Taxpayers have until midnight on Tuesday in their respective time zones to file their returns for the 2024 tax year. Still, if a taxpayer needs more time to file, they can request an extension from the Internal Revenue Service (IRS) to Oct. 15 by using Form 4868. People can file electronically or they can send the form in the mail postmarked by today, April 15. And it is important to note that people are still on the hook for any taxes owed as of April 15 and should be prepared to pay now to avoid penalties and interest.
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