Your Form 1040 for any given tax year is usually due on or before Tax Day the following year. Traditionally, Tax Day falls on April 15, but in 2023, Tax Day is Tuesday, April 18.

There are several important dates taxpayers should keep in mind for this year's filing season:

• January 13: IRS Free File opens
• January 17: Due date for tax year 2022 fourth quarter estimated tax payment.
• January 23: IRS begins 2023 tax season and starts accepting and processing individual 2022 tax returns.
• January 27: Earned Income Tax Credit Awareness Day to raise awareness of valuable tax credits available to many people – including the option to use prior-year income to qualify.
• April 18: National due date to file a 2022 tax return or request an extension and pay tax owed due to the Emancipation Day holiday in Washington, D.C.
• October 16: Due date to file for those requesting an extension on their 2022 tax returns.

Source: https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-year.

Need More Time? File an extension!

If you can’t file by the due date of your return, you should request an extension of time to file. To receive an automatic 6-month extension of time to file your return with Form 4868. Contact your local Liberty Tax, and we’ll help you file your extension.

An extension of time to file is not an extension of time to pay. You may be subject to a late payment penalty on any tax not paid by the original due date of your return.

Members of the Military

Special rules may apply if you served or are serving in the Armed Forces in a combat zone or a contingency operation, or become hospitalized resulting from an injury received while serving in such an area or operation. You generally have at least 180 days after you leave the designated combat zone/contingency operation to file and pay taxes. If the Service determines you to be affected by a presidentially declared disaster or a terroristic or military action, you may have up to one year after the due date of your return to file and pay taxes, depending on the deadline specified by the Service.

Source: https://www.irs.gov/filing/individuals/when-to-file

More money is always good, right? Generally, yes. But it’s always wise to know how your income (even if it went down) might affect your household’s tax liability. Knowing what federal income tax rates you’re facing for tax season provides the foundation on which to calculate your tax rate, file your taxes and maximize your refund.