While many people are waiting for their refund, there are some people who will actually owe for the year. If you've been able to save throughout the year, coming up with the money to pay your taxes may not be difficult but for most people coming up with enough money is a struggle. There are some important income tax deadlines you should remember so that you can either file by the deadline or ask for an extension.
Estimated Tax Payment Deadlines by Quarter
For most people, the deadline to file your taxes is April 15th. If you file by the quarter, however, you will have to remember other dates as well. Quarterly deadlines fall on June 17th, September 16th, and January 15th of 2020. While you can file for an extension, it's almost easier to find a way to pay by the deadline. That way you won't owe interest or a penalty.
Getting an Extension
If for some reason you know you won't be able to file by the deadline, you can file for an extension. Normally, this will give you an additional amount of time to gather the money you need if you are expecting to owe. This can also be beneficial if you don't have all of the paperwork you need. You can gather what you need and also start saving up for when you file.
Need an Online Payday Loan?
If the deadlines are getting near and you know you are going to owe but don't have the cash you need, you can always apply for an online payday loan. Payday loans are a quick and easy way to get the cash you need and will allow you to meet your tax filing deadline. This may not work for large amounts, but it is a great way to cover what you owe if the amount is manageable.
Online payday loans can provide you with the cash you need as well as a little extra time to pay it off. Whether it has to do with tax time or a simple, unexpected emergency, a payday loan can be the answer to your prayers. You can apply online and have the money you need by the next working day!
Also Read: Income Requirements for 2018 Tax Filings