What are the deadlines for tax deductions this year?
The main deadline for filing your taxes is April 15th. However, some deductions may have different deadlines.
Are there any specific deductions I should be aware of?
Yes, common deductions include mortgage interest, student loan interest, and medical expenses. Each has its own eligibility criteria.
What if I miss the deadline?
If you miss the deadline, you may face penalties. It's best to file for an extension if you anticipate being late.
How do I file for an extension?
You can file for an extension using Form 4868, which gives you an additional six months to file your return.
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