The Internal Revenue Service reminds taxpayers that the deadline for filing 2025 federal returns after a six‑month extension is Thursday, October 15. This deadline applies to anyone who asked for extra time to submit their return but has not yet done so.
Extension Does Not Delay Payment
While the extension postpones the filing date, it does not extend the payment deadline, which was April 15, 2026, unless a specific exception applies. Taxpayers who already owe money will continue to accrue interest and penalties if they wait to pay.
Potential Penalties
If you file late and owe taxes, the IRS generally imposes a 5% per‑month late‑filing penalty on the unpaid balance, up to 25%. A separate failure‑to‑pay penalty of 0.5% per month may also apply, also capped at 25%. When both penalties apply, the agency uses specific rules to calculate the total amount.
What to Do If You Can’t Pay in Full
Even without the full amount, you should still file your return promptly. The IRS offers short‑term payment plans (up to 180 days) and long‑term installment agreements that spread the debt over time. Interest and some penalties will keep accruing, but a payment plan can help you manage the burden.
Refund Seekers Must File Too
Taxpayers expecting a refund must also file by the deadline to claim it. Missing the filing window can jeopardize your right to receive the refund, as there are legal time limits for claiming it.
How to File
The IRS recommends electronic filing for speed, accuracy, and reduced errors. You can use tax‑preparation software, authorized e‑filing providers, or free‑file tools if you qualify. Gather all necessary documents—W‑2s, 1099s, deduction records—before you begin, and keep a copy of your submitted return and confirmation.
Special Extensions
Some taxpayers may qualify for additional extensions, such as those affected by federally declared disasters or members of the Armed Forces serving in combat zones. Eligibility depends on individual circumstances and IRS rules, so verify your status directly with the agency.
With the deadline only days away, the priority is to confirm whether you have a valid extension, determine if you still owe taxes, and file as soon as possible. If your situation is complex or you need guidance, consider consulting a tax professional or using official IRS resources.
Original reporting: NBC6 Miami — read the source article.
