Content Provided Courtesy of NerdWallet.
Although it might be hard to believe, the consequences of missing the April income tax filing deadline can be even more frustrating than completing the return in the first place.
You can get an automatic six-month extension of the time to file just by asking, but if you owe taxes, you have to send in the estimated amount by the original filing deadline which is Tuesday, April 18, 2017 for the 2016 tax year. If you don’t file your tax return on time, you can expect to be hit with penalties. Here are some tips on how to minimize the impact on your wallet.