Individual income tax return filers who requested an extension have until Monday, October 16, to submit a complete and accurate return. Treasury must receive individual income tax returns that are due under an extension by October 16, 2023, at the latest. Returns can be e-filed or sent by the US Postal Service.
A calendar reminder to file individual income tax returns. (Source: Moneymax)
Extended Deadline of filing Individual Income Tax Returns ends on October 16
Individual income tax return filers who have not yet completed their return should think about submitting a return to get a delayed reimbursement. If a taxpayer does not file a return within four years of the original return’s due date, they risk losing their state income tax refund. To find out more about e-filing, residents of Michigan can visit www.michigan.gov/mifastfile.
Submitting an individual income tax return to reduce fines and interest. To save interest costs and late payment fines, submit returns and make your payment right away. A time extension for filing is not the same as a time extension for payment. From the original return due date until payment is received, there will be a penalty and interest on the amount owed in taxes. Maximizing one’s tax payment. When filing their tax returns, taxpayers who owe unpaid taxes but are unable to pay the whole amount due should make the largest payment possible. The Michigan e-Payments service is available for payment transactions. Payroll form instructions should be closely followed when mailing checks. Treasury will assist taxpayers who are unable to pay their entire tax liability.
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