IRS announced April 18th is Official 2022 Tax Deadline

The IRS has announced that taxpayers will have until April 18, 2022, to file and pay their due income taxes, or to request an automatic 6-month extension, instead of the regular April 15 deadline. The reason for the delay in 2022 is due to a holiday recognized in the nation’s capital.

While having more time to file, accountants and tax advisors across the US are asking their clients to not wait until the last minute to start their filings.

Every year on April 16, the city of Washington, D.C. commemorates Emancipation Day. When the date falls on a Saturday, the holiday is observed on Friday, and city and federal agencies are closed. When the day falls on a Sunday, the holiday is observed the following Monday. Because April 16 is a Saturday in 2022, the IRS and other government offices will be closed on Friday, April 15.

Since 2005, D.C. has observed Emancipation Day, which commemorates President Abraham Lincoln’s signing of the District of Columbia Compensated Emancipation Act in 1862. 3,000 enslaved people in the capital were freed as a result of the measure.

The IRS begins accepting and processing Form 1040 2021 tax returns on January 24. According to the IRS, last year’s average tax refund was more than $2,800. More than 160 million individual tax returns for the 2021 tax year are expected to be filed, with the vast majority of those coming before the traditional April tax deadline.

More information on federal tax information can be found on https://www.irs.gov/newsroom/2022-tax-filing-season-begins-jan-24-irs-outlines-refund-timing-and-what-to-expect-in-advance-of-april-18-tax-deadline