April’s arrived, along with 4 tax moves to make now

April 2, 2018

Welcome-April-300772-lovethispic2

Welcome April, the Internal Revenue Service favorite month. It's when millions of us file our returns and, despite the billions of dollars in refunds that are sent (eventually), many filers also settle up with Uncle Sam.

Those folks who owe tend to be the ones who enter April with tax tasks still to complete.

If you're one of the procrastinators, here are some things your absolutely must do by Tuesday, April 17, again because the Emancipation Day federal holiday is celebrated in the IRS headquarters' home of Washington, D.C.

That's two more days than usual, but not enough if you've been putting off your taxes. But here are four things you absolutely, positively need to do this critical tax month.

1. Pay any 2017 tax you owe: Yes, you can get an extension to file your tax return, but filing is all the extra six months is good for. When you send in Form 4868, you must include a good guesstimate of any tax you owe.

Don't ignore this or send in an unrealistic amount. If your calculations are off, you'll likely face interest and penalty charges.

2. Make your first 2018 estimated tax payment: Estimated taxes add to the tax to-do list for millions of us. These four extra payments a year are required when you have any type of income that isn't subject to withholding. If you don't make the payments, you'll face interest and penalty charges.

The deadline for the tax year's first 1040-ES filing is the same as the annual mid-April filing deadline. That means if must pay estimated taxes and you owe on your 2017 return, you'll be making two payments to the U.S. Treasury in a couple of weeks.

And sorry, there's no extension for estimated taxes.

3. File your 2014 tax return: You read that date right. If you didn't file your 2014 tax return back in 2015 and were due a refund for that tax year, your chance to get your money is slipping away. You've got three years to file a 1040 and get your unclaimed refund. If you don't, the federal government gets to keep your money. Forever.

4. Don't forget your state taxes: Most Americans also must file some type of state tax return. And most of those state (and sometime local, too) tax forms follow the IRS schedule, meaning they also are due by April 17 this year.

If you can't get your federal return done by then, chances are you won't complete your state tax forms either since, in most cases, state filings are based on what you report on your federal taxes.

In these cases, check with your state's tax office about getting an extension to file these forms, too. In some cases, you don't have to do anything. Others state tax collectors, though, could require you at least give them notice that you'll be sending in the forms a bit late.

April_tax_moves_160More tax tasks: If you haven't even started yet (no judging here; I know how crazy life can be), this checklist can help you get the tax filing process going.

It highlights the necessary documents you'll need to fill out the forms, as well as notes some key filing questions you need to answer to ensure you don't overlook any tax breaks.

You'll also find some more April Tax Moves over in the ol' blog's right column. Just scroll down a bit. The list starts under the digital clock counting down the now very rapid approach of Tax Day 2017.

You also can check out all of the Daily Tax Tips, regardless of whether you're looking for 2017 filing suggestions or ideas on how to reduce your 2018 tax bill. One is featured each weekday in the righthand corner of the ol' blog.

The tax tips also are collected on their own monthly pages. January, February and March tips pages are complete. April's page kicked off today.

And if you plan to push things until the ultimate deadline, no worries. The tax tidbits and daily posts will be around to for tax advice and commiseration.

Advertisement



Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
The latest Dirty Dozen tax scam list is familiar because too many are still falling for the schemes

March 5, 2026

Tax filing season is also peak time for tax scams. Be on the lookout for…

Read More
Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
Leave your comment