When is Tax Day? What to know about Illinois tax returns
ILLINOIS - Tax season can be overwhelming, but understanding important deadlines can make the process smoother. Here's what Illinois residents should know before Tax Day 2025.
Current federal tax forms are distributed at the offices of the Internal Revenue Service.
When is Tax Day?
What we know:
In the United States, Tax Day falls on April 15. This is the deadline by which you must file your individual returns with the Internal Revenue Service (IRS). If April 15 falls on a weekend or holiday, the filing deadline may be extended to the next business day. For the 2025 tax year, Tax Day will fall on a Tuesday.
Where to Mail your Illinois Tax Return
The Illinois Department of Revenue (IDOR) provides specific mailing addresses depending on whether you're expecting a refund or need to send payment with your return. Visit tax.illinois.gov for the addresses.
RELATED STORY: New IRS tools aim to simplify filing
What happens if you don't file by April 15?
By the numbers:
Failing to file your tax return by the April 15 deadline can result in various penalties and interest, both at the state and federal levels.
Two common penalties the IRS sends notices about are failure to file and failure to pay. The failure to file penalty is five percent of the unpaid taxes each month your return is late. It will accrue up to 25%.
The failure to pay penalty is 0.5% of the unpaid taxes for each month the taxes remain unpaid. It will accrue up to 25% of your unpaid taxes.
How to file a tax extension
If you need more time to gather your documents or finalize your return, you can file for an extension.
A tax extension gives you an additional six months to file your return, pushing the deadline to October 15.
Tax deduction tips to help maximize your return
Tax season is almost here and you want to make sure you don't leave thousands of dollars on the table.
IRS stimulus check eligibility
Claim deadline and payment details
While the IRS has stated that most eligible taxpayers have already received their payments or credits, individuals who have not yet filed their 2021 returns may still qualify. In December 2024, the IRS announced that it would automatically issue payments to those who had not claimed the Recovery Rebate Credit.
Who is eligible and how to receive payments
Eligible taxpayers must file their 2021 tax returns and claim the credit by the April 15, 2025, deadline. Payments, which vary based on individual circumstances, can reach a maximum of $1,400 per person. The IRS estimates total payments will amount to approximately $2.4 billion.
The Source: The information in this article was provided by the Illinois Department of Revenue (IDOR), Internal Revenue Service (IRS), and previous reporting from FOX reporters.