Last-Minute Tips for Filing Your Federal Taxes
Apr 08, 2026Financial Coaching
The deadline for filing your federal tax return is right around the corner. If you haven’t already filed, now is the time. Missing the deadline could result in failure-to-file penalties and interest accruing on any amount you may owe.
Don’t fret—there is still time to file your federal tax return, but you need to act quickly to meet the deadline. Continue reading for tips on how to get your taxes filed on time.
Gather What You Actually Need
There seem to be countless IRS forms you might need depending on your situation. However, for the average American, many of them aren’t commonly used. Most people will need their W-2s and various 1099 forms, most of which should have already arrived by mail.
In some cases, you may be able to access these forms digitally if the sender offers that option.
You may need a 1099 for interest earned from a bank account or investment broker, dividends or distributions, retirement accounts, or Social Security payments. Those with more complex tax situations—or those planning to itemize deductions—may need to provide additional forms or receipts to support their claims.
Use Guided Filing Tools
There are several secure, guided filing tools available, such as TurboTax, H&R Block, or TaxAct. These tools help you compile the necessary forms, calculate your tax obligation or refund, and file electronically.
They can also help you determine which special tax situations apply to you and whether a standard or itemized deduction is the better choice.
For HAPO members, we’ve partnered with Love My Credit Union to offer discounts on tax preparation software from TurboTax and H&R Block.
Prepare to Pay Any Tax Obligation
Depending on your tax situation, you may either receive a refund or owe additional taxes beyond what has already been withheld.
If you are receiving a refund, you can have it deposited directly into your bank account by entering your routing information on your return. If you’re using one of the filing tools mentioned above, the software will guide you through this process.
If you owe taxes, the best option is to pay your balance in full when you file. However, if you don’t have the money available, you can set up either a short-term or long-term payment plan.
File for an Extension
If you are unable to file your federal tax return by the April 15 deadline, you can request an extension, which pushes your filing deadline to October 15.
To qualify, you must request the extension before April 15.
You can file for an extension using the IRS Free File service, by submitting Form 4868 by mail, through an IRS e-filing partner, or with the help of a tax professional.
Filing your taxes at the last minute can feel overwhelming, but with the right approach, it’s entirely manageable. By gathering your essential documents, using trusted filing tools, and understanding your payment options, you can take control of the process and avoid unnecessary penalties. Even if you’re running short on time, acting now is far better than missing the deadline altogether.
If you find yourself unable to complete your return in time, remember that filing for an extension is a simple and effective way to stay compliant while giving yourself additional breathing room. No matter your situation, the key is to be proactive—because when it comes to taxes, a timely response can save you both stress and money.
Matt Ward
Marketing Specialist |
matt.ward@hapo.org