Tax Filing Deadline Looms As Millions Rush To Submit Returns

Tax Filing Deadline Looms As Millions Rush To Submit Returns...

With just five days remaining until the April 15 tax filing deadline, millions of Americans are scrambling to complete their returns. The IRS reports receiving over 90 million submissions as of April 10, with an estimated 40 million still pending.

The annual deadline always sparks a surge in last-minute filings, but this year's crunch comes with added pressure. New tax laws and lingering pandemic-era provisions have created confusion for some filers. IRS Commissioner Danny Werfel urged taxpayers to file electronically to avoid delays.

Free File options remain available through IRS.gov for those earning under $79,000 annually. The agency warns that paper filers should expect longer processing times, with some refunds taking six months or more. Nearly 20 IRS assistance centers will offer extended hours this weekend.

Tax professionals report being overwhelmed with last-minute appointments. "We're seeing twice as many walk-ins as usual," said Los Angeles CPA Maria Gutierrez. "People are realizing they can't put this off any longer."

The deadline falls on Monday, April 15 this year, with no extensions granted for most individual filers. Those needing more time can request an automatic six-month extension using Form 4868, but any taxes owed must still be paid by the original due date.

IRS data shows the average refund so far this season is $3,011, up 4.6% from last year. However, some taxpayers are reporting smaller refunds or unexpected bills due to changes in withholding tables and the expiration of certain COVID-era credits.

State tax deadlines generally align with the federal date, though some states like Massachusetts and Maine have until April 17 due to local holidays. Military personnel serving in combat zones typically receive additional filing time.

The IRS has processed 2.1 million fewer returns compared to this time last year, suggesting many taxpayers are waiting until the final days. Experts warn that last-minute filers risk making costly errors under time pressure.

Identity theft remains a concern during peak filing season. The IRS has already flagged over 1 million suspicious returns this year. Officials recommend using Identity Protection PINs for added security.

As the clock ticks down, tax software companies report record traffic. TurboTax saw a 30% spike in users this week, while H&R Block extended its retail hours nationwide. The final weekend before the deadline typically accounts for nearly 20% of annual filings.