CNN reports that over 100 million income tax returns for 2022 have been received by the IRS so far this tax season, meaning many households are yet to file. The article outlines several last-minute tips to keep in mind before the April 18 deadline, including potential filing extensions for those in federally declared disaster areas or in the armed forces. The article advises that individuals should organize all necessary tax documents, including W-2s, 1099s, and SSA forms, and double-check for any reportable income such as investment returns or rental income. Lastly, the article suggests that IRA contributions may still be tax-deductible if made before the deadline, and that individuals should proofread their tax returns before submitting them to avoid common mistakes and typographical errors. If an individual cannot file by April 18, the article advises that they submit Form 4868 for an automatic six-month extension, but warns that any unpaid amounts owed may accrue interest and be subject to penalties.
CNN Business provides eleventh-hour tips for filing taxes
