Definition

The last date by which you must file your tax return, usually April 15 in the U.S., to avoid penalties.

What to consider

  • Remember, an extension only delays filing—not paying any taxes due.
  • Use the extra time to gather complete and accurate information.
  • Plan to have your payment ready by the original deadline.

Real world scenarios

  • Felix sets phone calendar alerts a month before the tax filing deadline, giving him enough time to gather all W-2s and 1099s.
  • Yvonne avoids a last-minute rush by finishing her return well before April 15, allowing a relaxed review for accuracy.
  • When Tanisha realizes she’s missing forms, she requests them immediately to file before the cutoff, sidestepping penalties.

Related terms

Taxes