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How To File Your Taxes on the Last Day

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Uploaded by on Apr 7, 2008

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So, it's April 15th and you haven't filed your taxes yet. Don't worry—we're gonna skip the lecture and get right to the solution.

To complete this How-To you will need:

Your tax documents
A computer

Step 1: Clear your schedule

Clear your schedule. This is no joke. Failure to file by the deadline could result in fines, penalties, and interest on taxes owed. If you're due a refund, you could forfeit some or all of it. You've got to make time to get this done—today!

Step 2: Gather your papers

Locate any forms, statements, and receipts you think may be even remotely relevant to your income, expenses, and deductions. When in doubt, remember that it's better to have them and not need them, than need them and not have them.

Tip: You can find a complete list of required documentation and other helpful tips at www.irs.gov.

Step 3: Sign, seal, and deliver

If you don't want to file online, complete the necessary tax forms and get them, along with your check or checks for any taxes owed to the post office by midnight. Not all branches will be open late, so check with your local postmaster.

Tip: The IRS offers a toll-free help line at 1-800-829-1040.

Step 4: Embrace your computer

If you want to avoid standing in line at a post office with 7,000 other last-minute losers, file your taxes online. Start by going to www.irs.gov and selecting one of their authorized e-file providers.

Tip: Pick a software application that allows you to file your state return online as well. They expect to hear from you by the deadline, too.

Step 5: Don't take shortcuts

If you encounter errors or red flags when entering your information, do not ignore them. If you can't fix them on your own, you may have to pony up for some last-minute professional advice.

Tip: Many of the online programs offer live advice from tax professionals through their help menus.

Step 6: Get a stay of execution

If you feel you can't possibly get it all done today, file Form 4868 to request an extension of up to six months. But remember—even with an extension, you still must pay an estimate of any taxes you owe on April 15th. You'll adjust this amount later once you've actually finished your taxes.

Step 7: Rejoice

Rejoice! You've dodged a bullet.

Thanks for watching How To File Your Taxes on the Last Day! If you enjoyed this video subscribe to the Howcast YouTube channel! http://www.youtube.com/subscription_center?add_user=howcast

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Top Comments

  • As bad as the IRS is, just wait until we get to pay carbon taxes to the IMF! "So you are claiming only 600 toilet flushes last year, we have reviewed the surveillance footage from your bathroom and show 823, you will now be sent to a slave labor camp in China"

  • Wow, I don't even do taxes and this video is making me feel stressed.

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All Comments (332)

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  • the how to upload a video video it shows you them uploading this video

  • Great information and amusing presentation. It's never too late, you can always late or request an extension of time to follow your taxes (but if you do this when you owe, you better pay the IRS the estimate of you'll owe by the deadline).

  • learn how to avoid paying taxes in 2010. Click on my name

  • :)

    not bad

  • There is a mistake in this video. If you are due a refund (ie. don't owe anything to the irs), you are NOT required to file at apr 15. You will not forfeit a refund unless you neglect to file withing 3 years of the deadline.

  • how much money do u need to make to file taxes?

  • haha i fucking can't stand for this shit anymore. i want to fucking shit in their envelope and tell them thats all i made this year motha fuckas

  • Lol people just starting to watch this video just skip to 2:02.

  • Taxes go to nothing except slowing down the growth rate of our ridiculous national debt. Thanks Obama for quadrupling it!

  • Fuck the IRS, greenspan can kneel his 1/2 dead ass and suck my dick.

    and fuck obama too, he can do the same

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