With the Income Tax deadline finally here, many people will be scrambling about trying to get their income tax return submitted to the Internal Revenue Service by midnight, April 15th, 2014. Even though many people always plan to get their returns done before the deadline comes, some will find themselves in the last minute frenzy trying to get it finished.
The Original 1-800-Charity Cars, a nationally-renowned car donation program, would like to offer you the following list of four simple tips to help make the April 15 income tax deadline less stressful:
IF YOU CAN’T MEET IT, EXTEND IT
If you know that there is just no way for you to be able to get your return submitted by midnight, file for an extension instead. All you have to do is fill out and submit Form 4868 Application for Automatic Extension of Time. You can mail your return or e-file it, but be sure to get it submitted by the midnight deadline. If you fill it out correctly and submit it by midnight, it should be granted and you will have until October 15, 2014 to get your income tax return filed.
IF YOU CAN NOT PAY YOUR TAXES, ASK FOR AN INSTALLMENT AGREEMENT
If you owe money on your taxes and you cannot pay it by the deadline for filing your return, you still need to submit the income tax return by the midnight deadline to avoid additional penalties and interest. Do not let your inability to pay the taxes you owe prevent you from meeting the income tax deadline, if your return is ready to be submitted. Just fill out and submit Form 9465 Installment Agreement Request and request that the Internal Revenue Service set up an installment payment agreement with you to pay money owed on your taxes in smaller payments each month.
IF YOU ARE MAILING IT, AVOID THE RUSH
If you are going to be mailing your income tax return, try and avoid getting stuck in the post office pandemonium. Be sure to visit the USPS Find Locations site and locate the Post Offices closest to you. You can then determine which one of the post offices around you is open until midnight. Try and get your return completed and head to the post office as early as possible. If you do this, you can possibly visit one that is smaller and perhaps not as busy. You may also be able to avoid that long line that appears every year on income tax deadline day.
IF YOU CAN E-FILE, DO IT
Last but not least, if you have a computer and internet access, you can E-file your return. You can go directly to the IRS site and use the Free File: Do Your Federal Taxes for Free to get your return in by the deadline and avoid the mad dash to the post office!
For more tips on filing your taxes, read 10 Most Common Tax Mistakes
If you make charitable contributions, you can receive a tax deduction for your donations. You can donate a car for full value tax deduction to 1-800-Charity Cars, if we are able to provide your vehicle donation to a struggling family. If you have a used vehicle that you want to dispose of, donate a car by giving us a call today at 1-800-242-7489 and speak to one of our live operators, or you can fill out our convenient online vehicle donation form at http://www.800charitycars.org/donate-vehicles-online.php. We accept all kinds of vehicles, running or not, and we provide free towing across the entire United States. If you do not have a vehicle to donate, you can still help make a difference by making a monetary donation; just visit www.800charitycars.org and make a donation through PayPal or JustGive.