he clock is running down: the final extended deadline to file your 2024 federal income tax return is October 15, 2025. H&R Block Tax preparation company+3IRS+3BECU+3 Whether you filed for a six-month extension back in April or still haven’t filed at all, next week is your last chance.
Here’s what you need to know — and what you should do — before time runs out.
Why This Deadline Matters
- Extension ≠ extra time to pay. Even if you requested an extension (via Form 4868), it only gives you more time to file, not to pay what you owe. IRS+2NerdWallet+2
- Penalties and interest still apply. If you owe taxes and don’t file or pay by October 15, you’ll face late-filing penalties, late-payment penalties, and interest on the unpaid balance.
- Filing late = lost opportunities. Some tax credits or refunds may be forfeited or delayed if you miss the deadline.
- It’s the last stop. After this date, there’s usually no further extension (except in very limited, extraordinary cases).
Common Mistakes to Avoid
- Procrastinating until the last day. Filing too late invites stress, mistakes, and technical issues.
- Underestimating what you owe. If you guess too low, you’ll still owe more — plus penalties.
- Neglecting state deadlines. Your state may have its own extension or filing rules; don’t assume it aligns with the federal extended deadline.
- Ignoring special circumstances. If you live abroad, are in the military, or have been affected by a declared disaster, you might have additional extensions.
What If You Miss the Deadline?
If you don’t file by October 15:
- You will likely incur failure-to-file penalties (which are often steeper than payment penalties).
- Interest and late-payment penalties will continue accumulating on whatever you owe.
- In rare cases, you might request penalty relief for reasonable cause — but this requires a compelling justification.
- If you expect a refund, you generally won’t be penalized for filing late, but you have a limited window to claim that refund (usually about three years).
Final Thoughts & Takeaway
This is make-or-break week. Whether you’re already working on your return or just now getting started, do not let the extended deadline slip by. File, pay, and document — everything counts.
Need help with a specific form, figuring out deductions, or working through tax software? I’m here — happy to guide you through.