
Federal Deadline: Typically, the federal tax filing deadline is April 15. If it falls on a weekend or holiday, the deadline may be extended. For the most current information, refer to the IRS website.
Ohio State Deadline: Ohio's state tax filing deadline usually aligns with the federal deadline. For specific dates and any extensions, consult the Ohio Department of Taxation.
Federal Taxes: Failing to file or pay on time may result in penalties and interest. The IRS provides guidance on penalties for late filing and payment.
Ohio State Taxes: Similar penalties and interest may apply for late filing or payment in Ohio. Details are available on the Ohio Department of Taxation's website.
Federal Extension: You can request a six-month extension by filing Form 4868 by the original due date. This extends the filing deadline but not the payment deadline. More information is available on the IRS website.
Ohio State Extension: Ohio grants an automatic six-month extension if you have a federal extension. However, any tax owed must still be paid by the original deadline. Refer to the Ohio Department of Taxation for details.
Federal Refund: Use the IRS Where's My Refund? tool to check your refund status.
Ohio State Refund: Check the status of your Ohio state refund through the Ohio Department of Taxation's Check My Refund Status service.
Tax Credit: A tax credit directly reduces the amount of tax you owe, dollar for dollar.
Tax Deduction: A tax deduction reduces your taxable income, which can lower your overall tax liability.
The IRS provides detailed explanations of credits and deductions.
Common documents include W-2s, 1099s, mortgage interest statements, and records of deductible expenses. The IRS offers a checklist to help you prepare.
Yes, the IRS and the Ohio Department of Taxation offer secure e-filing options. E-filing is safe, efficient, and can expedite your refund. Learn more about federal e-filing and Ohio's e-filing services.
The IRS recommends keeping records for at least three years, but certain situations may require longer retention. Refer to the IRS guidelines for specifics.
If you expect to owe at least $1,000 in tax for the current year after withholding and credits, you may need to pay estimated taxes. The IRS offers guidance on estimated tax payments.