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IRS Tax Deadline 2026: File taxes by THIS date or face penalty of… — Check details

IRS Tax Deadline 2026: File taxes by THIS date or face penalty of… — Check details

Zee News
Thursday, February 12, 2026 02:44:03 PM UTC

If you’re planning to file your 2025 federal tax return, mark your calendar, the deadline this year is April 15. This date officially wraps up the 2026 tax filing season in the United States and is widely known as Tax Day. 

New Delhi: As the 2026 tax filing season gets underway, millions of Americans are gearing up to submit their 2025 federal income tax returns. With deadlines approaching, knowing the last date to file is crucial and missing it can mean penalties, late fees and unnecessary stress. Yet, many people still tend to delay. In fact, a recent survey by Investment Property Exchange Services found that 31 per cent of taxpayers admitted they wait before filing their returns. Here’s what you need to know to stay ahead and avoid costly mistakes.

If you’re planning to file your 2025 federal tax return, mark your calendar, the deadline this year is April 15. This date officially wraps up the 2026 tax filing season in the United States and is widely known as Tax Day. To avoid penalties or extra charges, make sure your return is submitted on or before this date. Filing on time can save you from unnecessary fees and last-minute stress.

Missing the April 15 tax filing deadline can lead to more than just stress; it can also mean financial penalties.If you fail to file your 2025 tax return on time, the IRS may charge a failure-to-file penalty. This is usually 5% of the unpaid taxes for each month or even part of a month that your return is late. The penalty can continue for up to five months, which means the amount can quickly add up.

If your return is more than 60 days late, the penalty becomes steeper. You may have to pay either 100% of the unpaid tax amount or up to $485 whichever is lower.

In short, delaying your filing can turn into an expensive mistake, especially if you already owe taxes.

Read full story on Zee News
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