If you missed the October 15th deadline to file your 2008 tax return, you can still file your return. Here's some tips to keep in mind.
If you're preparing your return yourself, you'll need to use a desktop-based tax preparation software as all the Web-based software is going offline. Here's links to the best tax software available to download to your computer:
You'll also need to mail in your return to the IRS, whether you prepare the return yourself or hire an accountant. Here's a list of mailing addresses for sending your return to the IRS. Be sure to obtain proof of delivery when mailing in your return by using certified mail with return receipt requested.
If you have a balance due with the return, the IRS will impose penalties for filing late. Currently the penalties are:
- 5% of the balance owed for each month or part of a month that the return is filed after the deadline;
- 0.5% of the balance owed for each month or part of a month that the balance is unpaid; and
- 4% annual interest charge on the unpaid balance.
Make sure you gather up all your tax-related documents. If you're missing any W-2, 1099, or other tax documents, you can ask the IRS to send you a copy of what they call the wage and income transcript. To request this you'll first need to fill out Form 4506-T. You can also get the printout from a local IRS office or through your tax professional.