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April 18, 2011 Is Nonextended Tax Filing Deadline For 2010. October 17, is Extended Tax Filing Deadline

Posted by James M. Carlson
Jan 11 2011

April 18, 2011 Is Nonextended Tax Filing Deadline For 2010. October 17, is Extended Tax Filing Deadline

January 11, 2010

In News Release IR-2011-1 the IRS announced taxpayers will have until Monday, April 18 to file their 2010 federal income tax return. This also means traditional and Roth IRA accountholders, HSA owners and CESA accountholders have until April 18 to make their 2010 IRA contribution. Why? Under tax rules, District of Columbia holidays impact tax deadlines the same way that federal holidays do. In the District of Columbia, Emancipation day is a holiday and in 2011 it falls on a Friday. This means the tax deadline of April 15th, is extended to the following Monday, April 18th.

Taxpayers requesting an extension will have until October 17 to file their 2010 tax returns. In addition, October 17, 2010 is a deadline for making certain SEP and SIMPLE IRA contributions. It is also the deadline for making recharacterizations for 2010 or correcting excess contributions for 2010.

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