The IRS is Giving a One-Day Extension on Taxes & that's TODAY!
19 April, 2018, 06:31 | Author: Sara Gill
The Internal Revenue Service is extending its taxfiling deadline by one day to US residents because of a technical glitch that affected the agency's website. Both said that they would hold onto customer tax returns and file them as soon as the IRS system reopened. The agency said that past year, about five million taxpayers filed their returns on the last day of the filing season.
Individuals and businesses that had a filing and payment due date of April 17 now have until midnight Wednesday. It's also the deadline for business owners and freelancers to pay their estimated taxes for the first quarter of 2018.
Apparently the problem was related to the "transmission" of tax returns from software providers like H&R Block and Turbo Tax.
Taxpayers do not need to do anything to receive this extra time and will not be penalized for filing on Wednesday.
It was unclear what caused the problem, which lasted from the early morning hours until a little after 5 p.m.
Kautter didn't rule out hacking as the source of the outage, but said it was more likely that it was "something internal", like hardware or software problems.
"As the tax deadline nears and the demand for IRS tax help by phone is higher, the IRS encourages taxpayers to make IRS.gov their first stop when questions arise", the agency wrote. "I'm pleased to report that the 2018 filing season began on schedule on January 29 and has gone well in terms of tax return processing and the operation of our information technology systems". But previous year, about 5 million tax returns were filed on the final day of the traditional tax season.
According to IRS data, more than 90 percent of taxpayers file their federal tax returns electronically.
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