If the due date falls on a Saturday, Sunday, or legal holiday, the due date is delayed until the next business day.

If you cannot file by the due date of your return, then you can request an extension of time to file. However, an extension of time to file is not an extension of time to pay. You will owe interest on any past-due tax and you may be subject to a late-payment penalty if timely payment is not made.

Refund. When you file electronically, you usually receive your refund within 3 weeks after the IRS has received your return, even faster if you have it directly deposited into your checking or savings account.

Income. What is included in income for individuals may differ from what is included for entities. The timing of recognizing income may differ by type of taxpayer or type of income. Income tax system permits residents to reduce gross income by deductions. Generally speaking, income is financial gain derived from work, capital, or a combination of the two.

Schedules and Forms. Schedules and forms are official IRS documents used to report various types of income, deductions, and credits. Totals determined on each schedule or form are entered on the appropriate line of Form 1040 or on another schedule.

Whether your tax return is complicated or simple we recommend consulting with tax professionals to avoid penalties and fines and get your refund.