IRS extends tax deadline, but experts urge taxpayers not to wait
COLORADO SPRINGS, Colo. (KKTV) - The IRS has extended the tax deadline to May 17, giving Americans a full extra month to get their taxes done.
But before procrastinators cheer, local experts advise still getting taxes done early.
“Just file what you have right now, get it over with, get what you are going to get,” said Kathy Bylkas, a tax preparer in Colorado Springs.
Bylkas and others in her field say the IRS is extremely backlogged -- a full 25 percent behind on processing last year’s returns compared to where they’ve been at this time in previous years.
Tax preparers say they hear similar excuses from people on why they haven’t filed their taxes yet: not getting the previous years’ return, or moving and being uncertain if the tax return will follow them to the new address, or, since the pandemic started, not receiving a stimulus check.
“You are not going to get answers from the IRS on a 2019, 2018, or even 2017 question that you had because they are running behind and they are trying to play catch up,” Bylkas said.
She says the fastest way to sort out anything with the IRS is to just get your taxes in as quickly as possible. Waiting for any reason only prolongs the process.
The primary reason why the IRS is so behind is because of last year’s extended deadline. Data from the IRS website shows more than 6 million people are still waiting for their submitted 2019 return to be processed.
If you need any other incentive to file swiftly and early -- filing for the 2020 is the fastest way to get old stimulus checks.
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