SPRINGFIELD, Mass. (WWLP) – If you haven’t filed your federal income tax return yet, know that the deadline is just four days away, and if you miss it, you’ll get charged a 5% penalty.
To beat the April 15th deadline, your tax return will either need to be in the mail or e-filed this Wednesday by midnight.
E-filing might be a good idea to save time, since tax software does a lot of the work for you, including pointing out any missing information on your return.
If you’re filing your taxes yourself, make sure to double check your math, filing status, and exemption boxes before sending it in. Paper filers will also need to attach their W-2s to the front of their return, along with any other necessary paperwork. Once you’re finished, it’s always a good idea to make a copy for your own personal records.
April 15th is also the deadline to ask for an extension, but extension or not, you’re still required to pay the IRS by the deadline.
This year, many criminals have been calling tax-filers, pretending to be the IRS, and demanding money. If you get a phone call, don’t fall for it. The IRS will never threaten you, or ask for debit or credit card information on the phone.
People have also become victims to an email version, which is why you should never give out personal information online, unless you know who you’re dealing with.
To protect yourself, keep your Social Security card in a safe place.
You can also protect your computer with firewalls, anti-virus software, and security patches.
If you do become a victim, file a complaint with the Federal Trade Commission immediately.
You can call 1-877-438-4338 to reach their hotline. You can also find an affidavit report on their website to file a complaint, as well. You should also contact your bank, and credit card providers to check for any unauthorized transactions.
The IRS says in the past three years, they’ve stopped 19-million tax returns that didn’t seem quite right.