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    October is Financial Planning Month, and what better way to plan than to take a look at your taxes! You thought you didn’t have to do that until January, right? Not true because now is the time to do everything you can to reduce your taxes. Here are a few tax planning steps that you can take now to help you with your 2020 taxes (the ones you file in 2021) and financesFinancial Planning Month: Tax Edition
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The TurboTax Blog > Tax Extension

Tax Extension

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Tax Planning

What Should I Do if I Missed the Extended Tax Deadline?

October 21, 2020 / TurboTaxLisa
What Should I Do if I Missed the Extended Tax Deadline?

The extended tax deadline was October 15th and while many scrambled to make the tax deadline, some of you may have missed it and are wondering what to do. Don’t worry! If you missed the extended tax deadline, here are answers to 5 of your burning questions to help you figure out what to do next.

Full Story

Tax Planning

8 Last Minute Tax Tips to Make the Tax Extension Deadline

September 30, 2020 (Last Modified: October 1, 2020) / TurboTaxLisa
8 Last Minute Tax Tips to Make the Tax Extension DeadlineFall is here and another important tax day is quickly approaching. If you filed for a tax extension on July 15, you have until the October 15 tax extension deadline to file your taxes. I know there has been a...

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Tax News

IRS Announces Tax Relief for Victims of Hurricane Sally

September 26, 2020 (Last Modified: September 29, 2020) / TurboTaxLisa
IRS Announces Tax Relief for Victims of Hurricane SallyHurricane season is unfortunately upon us and if you were a victim of the recent Hurricane Sally or any natural disasters, we want you to know TurboTax is here for you and we want to keep you up to date...

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Tax News

IRS Announces Tax Relief for Victims of Oregon Wildfires

September 17, 2020 (Last Modified: September 29, 2020) / TurboTaxLisa
IRS Announces Tax Relief for Victims of Oregon WildfiresThis week, the IRS announced victims of the Oregon Wildfires and straight-line winds that began on September 7, now have until January 15, 2021 to file various individual and business tax returns and make certain tax payments. The tax relief...

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Tax News

IRS Announces Tax Relief for Victims of Hurricane Laura

September 1, 2020 (Last Modified: September 8, 2020) / TurboTaxLisa
IRS Announces Tax Relief for Victims of Hurricane LauraFollowing the recent destruction caused by Hurricane Laura, the IRS announced tax relief for those impacted and in any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. This includes Allen, Beauregard, Calcasieu, Cameron, Jefferson...

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Tax News

IRS Announces Tax Relief for Victims of the Latest California Wildfires

August 25, 2020 (Last Modified: August 27, 2020) / TurboTaxLisa
IRS Announces Tax Relief for Victims of the Latest California WildfiresThis week, the IRS announced that victims of the California Wildfires that began on Aug. 14, now have until Dec. 15, 2020 to file various individual and business tax returns and make certain tax payments. The tax relief postpones various...

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Tax News

IRS Provides Tax Relief for Tornado Victims in Parts of Mississippi, Tennessee, and South Carolina

July 14, 2020 (Last Modified: July 16, 2020) / TurboTaxLisa
IRS Provides Tax Relief for Tornado Victims in Parts of Mississippi, Tennessee, and South CarolinaThe IRS announced that victims of the April tornadoes, severe storms and flooding that occurred in certain areas of Mississippi, Tennessee and South Carolina will now have until October 15 instead of July 15 to file tax year 2019 federal...

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Tax Planning

Unable to Pay Your Tax Bill? Here’s What To Do

July 13, 2020 / Jim Wang
Unable to Pay Your Tax Bill? Here’s What To DoAnother bill, oh no! It doesn’t feel great to file your tax return and find out you owe money. It’s like heading out the door and discovering your car won’t start! But don’t worry, you actually have several options if...

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Tax Planning

Six Tips to Beat the October 15th Extended Tax Deadline

October 6, 2018 (Last Modified: March 5, 2020) / TurboTaxLisa
Six Tips to Beat the October 15th Extended Tax Deadline

The final extension deadline is just days away, October 15, but you still have plenty of time to meet the tax deadline and avoid a late-filing penalty if you file online and follow these 6 tips

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Tax Planning

5 Things You Need to Know About Filing a Tax Extension

April 18, 2018 (Last Modified: August 23, 2019) / Philip Taylor
5 Things You Need to Know About Filing a Tax ExtensionMany people believe that a tax extension is somewhat of a cure-all. Don’t have the money to pay taxes? File an extension. Still trying to get everything in order? File an extension. Despite what it may sound like, the tax...

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