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8 Tax Season Preparation Steps (2023)

January 17, 2023 · Taxes
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Photo by fizkes from Shutterstock

8. Decide Whether to File for an Extension

If you need more time to get ready for this tax season, you can ask for an extension until October 15, 2023, to file your return. However, you will still need to estimate the amount of tax you owe and pay it by the standard April deadline to avoid interest and penalties.

When Is the Deadline?

The last day of the tax season is typically April 15, following the tax year. However, you have until Tuesday, April 18th, 2023, to file your 2022 tax return, as Monday, April 17th, is Emancipation Day in Washington, D.C., and also Patriot’s Day in Massachusetts and Maine.

Since it’s tax season, here’s another article you may find helpful All About Tax Refunds: 7 Important Things You Need To Know.

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