Are you ready to file your taxes? What to know about Florida deadlines and extensions
Income tax season is upon us again, a sometimes stressful time of year when gathering your receipts, business dealings and W-2 forms could lead to a refund.
The Internal Revenue Service opened its virtual doors to start receiving 2022 tax returns on Jan. 23.
This year comes with a few surprises in the form of deadline extensions because of holidays and the destruction from last year’s hurricanes.
Here’s what to know about filing your taxes in Florida:
Tax filing deadline
Unlike most years, taxpayers will have three extra days to get their tax filing.
This year’s deadline is April 18, 2023, for most taxpayers. Because of the weekend and the Emancipation Day holiday in Washington, D.C.,, the deadline was moved from the usual April 15.
Hurricanes Ian and Nicole tax relief
The IRS extended some of its deadlines for Floridians who lived in areas affected by Hurricanes Ian and Nicole.
If you faced January deadlines for quarterly payments, those have been extended to March 15 for 59 counties including Miami-Dade, Broward, Palm Beach and Manatee counties. Those deadlines include:
▪ Quarterly estimated tax payments that were due January 17, 2023.
▪ Quarterly estimated payroll and excise tax returns that were due January 31, 2023.
Penalties on payroll and excise tax deposits that were due Nov. 7-22 also will be abated. The regular tax-filing deadline in April has not been extended in Florida.
When will tax refunds payout?
Most taxpayers can expect to receive their refunds within 21 days of when they file electronically, if they chose direct deposit and if there are no issues with the return, the IRS says.
You can check the status of your refund by checking the IRS website at Where’s My Refund?.
Refunds that include earned income tax credit or additional child tax credit won’t be sent until mid-February.
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