Build Your High Performing Team

The deadline to file federal income tax returns for most individuals in the U.S. is April 15th each year. If this date falls on a weekend or holiday, the deadline is extended to the next business day. You can request an extension to October 15th by filing Form 4868.

You need to file based on your income, filing status, age, and dependency status. Generally, single taxpayers under 65 must file if their gross income exceeds $13,850 in 2025. Self-employed individuals must file if they have net earnings of $400 or more.

To correct a previously filed tax return, use IRS Form 1040-X. You can file it electronically for most returns or mail it to the IRS. The deadline for filing an amended return is three years from the original filing date or two years from the date the tax was paid, whichever is later.

The penalty for not filing taxes is 5% of the unpaid taxes per month (or part of a month) up to a maximum of 25%. The penalty for not paying taxes is 0.5% of the unpaid taxes per month (or part of a month), also up to 25%. Interest is charged on any unpaid tax balance.