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Ought to I File a Tax Extension?


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Observe: This data shouldn’t be meant to be tax recommendation. Seek the advice of a tax preparation skilled for tax recommendation.

1 Data from IRS’s “Subject No. 31 When, How, and The place to File” as of January 10, 2023:
https://public.tableau.com/app/profile/federal.commerce.fee/viz/IdentityTheftReports/TheftTypesOverTime

2 Early entry to direct deposit funds will depend on the timing of the submission of the fee file from the payer. These funds are usually made accessible on the day the fee file is obtained, which can be as much as 2 days sooner than the scheduled fee date. Federal tax fee information obtained from the IRS could also be obtained as much as 5 days early (based mostly on knowledge from the 2020 tax submitting season). Chime makes no assure over when information are despatched by the IRS and funds will be made accessible.

3 Data from IRS’s “Don’t Lose Your Refund by Not Submitting” as of December 22, 2022:
https://www.irs.gov/people/dont-lose-your-refund-by-not-filing

4 Data from IRS’s “Refunds – How Lengthy Ought to They Take?” as of December 22, 2022:
https://www.irs.gov/pub/irs-news/at-01-48.pdf

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