UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Tax deadline, again, collides with holiday

|
 
Published: April 14, 2012 at 10:37 AM

WASHINGTON, April 14 (UPI) -- The countdown to the deadline for U.S. tax returns has been extended this year, due to a collision with a holiday.

Tax day is normally April 15. This year, however, that falls on a Sunday and Monday is a holiday in the nation's capital, CNNMoney reported Saturday.

April 16 is Emancipation Day, the day slaves were freed with a law that only applied to Washington, D.C.

This may sound familiar. In 2011, the tax deadline was April 18, as April 16 fell on a Saturday, so Emancipation Day was celebrated on Friday the 15th. That bumped the deadline past the weekend to Monday the 18th.

The deadline for filing taxes applies to everyone, but there is no penalty for filing late for taxpayers who don't owe the IRS.

Taxpayers who do owe the IRS are charged a 5 percent late filing fee for every month past the deadline to a maximum of 25 percent, CNNMoney reported.

Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 15
Iranians celebrate the qualification of  their soccer team  for 2014 World Cup
View Caption
Iranian women flash the victory sign during a street celebration in Tehran, Iran on June 18, 2013. The Iranian national soccer team defeated South Korea in their 2014 FIFA World Cup qualifying soccer match in Ulsan, South Korea. UPI/Maryam Rahmanian .
fark
Town considers building glass-enclosed area for alcoholics and drug users to socialize -- much like...
TV weatherman's ex-wife forecasts scratched scrotum with blood drizzling
This week's superhot, must-have fashion accessory: Home Depot shopping bags
"People are just thrilled by concrete ping-pong tables in Toronto parks" says Toronto city councillor....
Last year, healthcare costs fell for the first time in forty years. THANKS OBAMA
Protip: If you have to rush out for an emergency don't leave a pot pot of grease cooking on the...