Deadline for filing tax returns is Tuesday this year

However, if you expect to need more time beyond June 15, then filing Form 4868 can give you equal treatment and provide you with the same mid-October extended deadline as other taxpayers.

And if you're still gathering your documents to take care of your return, you are one of millions who are doing the same.

Even though April 18 is the tax-filing deadline for most people, some taxpayers in special situations qualify for more time without having to ask for it, according to the Internal Revenue Service.

When using the tax tables, be sure to use the correct row and column for the filing status claimed and taxable income amount shown. In the event that you over pay the taxes the overpayment can be refunded or credited to the following tax year.

Though Tax Day falls three days later this year - April 18, rather than the usual April 15 deadline - the IRS is urging taxpayers to get out and file now.

"They want to make sure they have all their deductions, their itemized deductions - mortgage interest, property tax, general sales tax, charitable contributions - those are some of the deductions that they need to have", McMann said.

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For individuals who have yet to file their 2016 tax return, MyTax Illinois, IDOR's free online account management program, is now accepting Individual Income Tax returns. However, an extension doesn't apply to any payments due. This long-overdue legislation will simplify tax filing for millions of Americans, protect individuals' private information, and save families money by enabling them to file their taxes for free. With that in mind, if you need more time to file your taxes, there's absolutely no shame in taking extra time to file.

But it also makes good sense for business owners to pay taxes as they go along through the year.

Finally, those who live outside the country already get an extra two months to file returns without requesting an extension. Financial experts suggest you file early if you're getting a refund, because that money is an interest-free loan to the government.

This rule that the extension to file is not an extension to pay can be problematic at times.

"What's been going on this year is the IRS really focused on people who were filing fraudulent returns for the earned income credit and the child tax credit", said Adamson. About 3.7 million filers received a total of $1.8 billion in refunds.

"A lot of times people just put things on the wrong lines, number one", he says. Last year, and this year, the deadline is April 18, because a holiday on April 16 in Washington D.C.is again pushing the deadline back a few days. You will avoid any underpayment penalties and can receive a refund when you do file your state taxes. If for some reason you are unable to access your prior year return, visit IRS.gov for information on obtaining a tax transcript or prior year AGI.

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