If you missed the April 18, 2016 tax filing deadline, you should take action now to file your return and pay any taxes owed to avoid penalties and stop interest from accruing. The IRS offers free filing options for most taxpayers, including Free File for those with income under $62,000 and Fillable Forms for higher incomes. You can also request an installment agreement if you cannot pay your full tax balance now. Filing your return ensures you receive any refund owed.

1. Monday, April 18, was the tax deadline for most
people in 2016. If you didn’t file a tax return or an
extension to file but should have, take action now.
If you missed the tax filing deadline:

2. If you owe taxes, you should file and pay
as soon as you can, which will stop the
interest and penalties that you will owe.
IRS Direct Pay is a free, secure and easy
way to pay your balance due directly
from your checking or savings account.
The IRS doesn’t charge a penalty for filing
a late return if you are due a refund. The
sooner you file, the sooner you’ll get your
refund.

3. Nearly everyone can use IRS Free File to
e-file their federal taxes for free. If your
income was $62,000 or less, you can use
free brand-name tax software. If you
made more than $62,000, use Free File
Fillable Forms to e-file. This program uses
electronic versions of IRS paper forms
and does some of the math for you.
Fillable forms work best for those who
are used to doing their own taxes. Either
way, you have a free option on IRS.gov
through the Oct. 17 extension period.

4. No matter who prepares your tax return,
you can use IRS e-file through Oct. 17. E-
file is the easiest, safest and most
accurate way to file your taxes. The IRS
will send you electronic confirmation
when we receive your tax return, and we
issue more than nine out of 10 refunds in
less than 21 days.

5. If you owe but can’t pay in full, you
should pay as much as you can when you
file your tax return. IRS electronic
payment options are the quickest and
easiest way to pay your taxes. You should
pay what you owe as soon as possible to
minimize penalties and interest.

6. If you need more time to pay your taxes,
you can apply for a direct debit
installment agreement through the IRS
Online Payment Agreement tool. You
don’t need to write and mail a check each
month with a direct debit plan. If you
don’t use the online tool, you can still
apply on Form 9465, Installment
Agreement Request. You can get the
form at IRS.gov/forms at any time.

7. If you are owed a refund, you should file
as soon as possible to get it. Even if you
are not required to file, you may still get a
refund if you had taxes withheld from
your wages or you qualify for certain tax
credits like the Earned Income Tax Credit.
If you don’t file your return within three
years, you could lose your right to the
refund.

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