90,000+ Nevada Taxpayers Face Oct. 15 Extension Deadline - KTVN Channel 2 - Reno Tahoe News Weather, Video -

90,000+ Nevada Taxpayers Face Oct. 15 Extension Deadline

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The Internal Revenue Service today urged more than 90,000 Nevada taxpayers to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system on or before Oct. 15.

Though Oct. 15 is the last day for most people, some still have more time, including members of the military and others serving in Iraq, Afghanistan or other combat zone localities who typically have until at least 180 days after they leave the combat zone to both file returns and pay any taxes due.

"Try to avoid waiting until the very last minute and do consider all that is available to make it easier," says IRS Spokesman Raphael Tulino. "The IRS offers plenty of resources to make it easy and convenient."

The IRS encourages taxpayers to:

  • Check Out all Tax Benefits. Extension filers should take a moment to see if they qualify for often-overlooked credits and deductions such as the Earned Income Tax Credit, the "Saver's" credit, the Child and Dependent Care credit, the deduction for contributing to an IRA and the American Opportunity Tax credit in the education arena.
  • Use E-file: It's Fast, Easy and Often Free. Everyone can use Free File, either the brand-name software, offered by IRS' commercial partners to individuals and families with incomes of $57,000 or less, or online fillable forms, the electronic version of IRS paper forms available to taxpayers at all income levels.
  • Explore Quick and Easy Payment Options. Taxpayers can e-pay what they owe, either online or by phone, through the Electronic Federal Tax Payment System (EFTPS), by electronic funds withdrawal or with a credit or debit card. There is no IRS fee for any of these services, but for debit and credit card payments only, the private-sector card processors do charge a convenience fee. Those who choose to pay by check or money order should make the payment out to the "United States Treasury".
  • Take a look the "Fresh Start" program for struggling taxpayers. In many cases, those struggling to pay taxes qualify for one of several relief programs, including those expanded earlier this year under the IRS "Fresh Start" initiative. Most people can set up a payment agreement with the IRS on line in a matter of minutes. Those who owe $50,000 or less in combined tax, penalties and interest can use the Online Payment Agreement to set up a monthly payment agreement for up to six years or request a short-term extension to pay. Taxpayers can choose this option even if they have not yet received a bill or notice from the IRS.

Details on all filing and payment options and everything else for federal taxes are on IRS.gov

From the Internal Revenue Service

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