(UNDATED) – We are down to a matter of days to file your individual income taxes. With the July 15 deadline looming, DOR wants to make sure you have all the information you need to file on time to avoid late fees or penalties.
Don’t fret, you still have time to file your state and federal taxes, both electronically and by mail. If you’re mailing in your tax return, it must be postmarked by July 15 to be considered on time.
If you’re wanting to file electronically, the tax return is considered on time as long as you submit before July 16. There are also more benefits to filing electronically.
- Faster refunds – If you qualify for a refund, electronically-submitted returns are generally processed faster than paper-filed returns (less than two weeks). Some returns may take longer due to factors like return errors or incomplete information.
- Get more or pay less – E-filing software may suggest add-backs, credits, or deductions you may not have known about.
- Better accuracy – Electronically-filed returns have lower error-rate than paper-filed returns. Paper returns have an error rate of around 20%. By contrast, electronic returns have just a 2% error rate.
- It’s convenient – You can file online 24/7.
If you’re not sure where to start to file your taxes online, check out the INfreefile program. You may qualify to file your taxes for free. More than 2 million Hoosier taxpayers will qualify for INfreefile, so make sure you’re not missing your chance to save money.
If you think you won’t make the deadline, you need to consider filing for an extension today.
As always, DOR’s team is here to help! Contact DOR Customer Service at 317-232-2240, Monday through Friday, 8 a.m. – 4:30 p.m., EST. if you have any questions about your individual return or filing your taxes.