Although you’re late, you can still file your late 2017 taxes. However, you won’t be able to e-file your tax return.
The 2018 tax season ran from January 29, 2018, to October 15, 2018. The official tax deadline was April 17, 2018, due to April 15 falling on a weekend and Emancipation Day following after. The e-file and extension deadline was October 15, 2018; therefore, you are now required to mail your return to the IRS.
If you’re a college student, parent, guardian or anyone paying out-of-pocket for tuition, fees, and required course materials needed for enrollment, you will receive a Form 1098-T. This tuition statement form reports all of your transactions, which means the payments you make to your school.
Refunds come and go when it comes to taxes. Luckily, for you, you can still claim the 2015 refund that you’ve been delaying. Just remember, you have three years within the original due date of your 2015 tax return to claim your refund.
This is due to the IRS Statute of Limitations, which limits taxpayers in claiming a prior year refund. After the three year deadline, your refund expires and goes to the IRS.
Don’t wait. Get the money you’re entitled to.
However, they can accept payments through a third-party processor. For example, online tax preparation companies are third-party processors since they are designated by a merchant to handle transactions for merchant acquiring banks. They can then assist you in making your credit card payment towards your tax bill to the IRS.
Here’s what you need to be prepared for when you plan on using the credit route.
You cannot e-file a prior year tax return. However, you can prepare prior year returns on PriorTax and send your printed return copy in the mail, to the IRS.
You can only e-file a “current year” tax return between mid-January when e-file opens and mid-October when it closes, the year after the tax year in question.
Each year the IRS shuts down their e-file system come mid-October. This is why you will need to send in a physical copy of your return to the IRS.
