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An extension to file provides an additional six months with a new filing deadline of Oct. 16. Penalties and interest apply to taxes owed after April 18 and interest is charged on tax and penalties until the balance is paid in full.
Taxes arent determined by age, so you will never age out of paying taxes. Basically, if youre 65 or older, you have to file a return for tax year 2023 (which is due in 2024) if your gross income is $15,700 or higher. If youre married filing jointly and both 65 or older, that amount is $30,700.
2023 Taxes: 8 Things to Know Now Income tax brackets shifted a bit. The standard deduction increased slightly. Itemized deductions remain mostly the same. IRA and 401(k) limits are slightly higher. You can save a bit more in your health savings account (HSA) The Child Tax Credit could give you a tax break.
Your return is considered filed on time if your envelope is properly addressed, postmarked and deposited in the mail by the due date.
Estimated 2023 IRS Income Tax Return Chart IRS Accepts an E-Filed Return By:Direct Deposit Sent (Or Paper Check Mailed 1 week later):Jan. 23, 2023Feb. 3 (Feb. 10)**Jan. 30, 2023Feb. 10 (Feb. 17)**Feb. 6Feb. 17 (Feb. 24)**Feb. 13Feb. 24 (Mar. 3)**7 more rows Apr 8, 2023
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While you can wait until March or even the tax filing deadline of April 15, 2024 to file your 2023 return without any problems, there are a number of benefits that can apply when you file early.
Tax season the premier IRS event of the year kicks off on Monday, January 29, lasting until April 15 for the final date for Americans to submit their filings.
The due date for filing your tax return is typically April 15 if youre a calendar year filer. Generally, most individuals are calendar year filers. For individuals, the last day to file your 2023 taxes without an extension is April 15, 2024, unless extended because of a state holiday.

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