Recent Tax Updates

Filing Deadline for Tax Year 2015 is April 18

April 6, 2016

The federal filing deadline for Tax Year 2015 individual returns is Monday, April 18, 2016.

The due date is April 18 instead of Friday April 15 because of the Emancipation Day holiday in the District of Columbia (which falls on April 15 this year).

The filing deadline for States that have an April 15 deadline (with the exception of Maine and Massachusetts) is also Monday, April 18, 2016.

The deadline for federal and state returns for residents of Maine and Massachusetts is Tuesday, April 19, 2016 due to the Patriot’s Day holiday (which is April 18 this year).

For returns that are rejected on April 18, 2016, the return will be considered timely filed if it is retransmitted and accepted by April 23, 2016.

The first federal individual 2016 estimated payment is due by April 18, 2016 for all taxpayers including those who reside in Maine and Massachusetts.

The filing deadline is automatically extended (without having to file a Form 4868) for the following taxpayers:

  • U.S. citizens and resident aliens who live and work abroad, as well as members of the military on duty outside the U.S. have until June 15 to file and pay any tax due, although interest will be charged from April 18, 2016 on any tax that is paid on June 15, 2016.
  • Members of the military and others serving in Afghanistan or other combat zone localities receive an automatic extension of the due date until at least 180 days after they leave the combat zone to file returns and pay any taxes due. For more details see Extensions of Deadlines on page 24 of Publication 3 (Armed Forces’ Tax Guide).

April 18, 2016 is also the deadline for the following:

  • To file an automatic six month extension (Form 4868) – The six month extension is for filing the return only. Any tax due must be paid by April 18, 2016 to avoid any penalty and interest.
  • Making a contribution to an IRA for Tax Year 2015
  • Filing 2015 calendar year federal partnership tax returns (Form 1065)
  • Filing 2015 estate or trust income tax returns (Form 1041)