Why The 2016 Tax Deadline Was Moved to April 18 for Most Americans | NBC New York

Why The 2016 Tax Deadline Was Moved to April 18 for Most Americans

Personal tax returns are usually due on April 15 of each year, but there are some exceptions

    processing...

    NEWSLETTERS

    Getty Images
    A file image of tax forms.

    Most people know April 15 as the deadline for submitting personal tax returns, but that's not the case this year. 

    For the 2016 deadline, the Internal Revenue Service has given taxpayers in all but two states until Monday, April 18 to pay their taxes. 

    When the date falls on a weekend, it is often moved to the following Monday. But this year, April 15 is a Friday.

    Here's what's happening. The IRS is observing a holiday that is usually only observed in Washington, D.C.

    Wal-Mart Rejects 'Blue Lives Matter' Cake

    [NATL-DFW] Wal-Mart Rejects 'Blue Lives Matter' Cake
    A McDonough, Georgia, Walmart is facing a backlash after an employee refused to make a "Blue Lives Matter" cake for a retiring police officer, and the story is going viral. The officer's daughter says it was a cake for the officer's retirement party after serving for 25 years. After a friend posted about the incident on Facebook, a manager called her to apologize and make the cake. Walmart's corporate communications department also issued an apology. (Published Tuesday, Sept. 27, 2016)

    Emancipation Day marks the day the Compensated Emancipation Act was signed by President Abraham Lincoln and is observed April 16.

    It's a legal holiday in D.C., and public employees are given the day off work. However, because this April 16 falls on a Saturday, it is celebrated on the closest weekday, which is Friday, April 15.

    This means public employees such as those who work for the IRS will have April 15 off work, so that pushes the tax deadline to the next business day: Monday, April 18.

    For taxpayers who live in Maine or Massachusetts, another holiday pushes their tax deadline back to Tuesday, April 19. This legal holiday is Patriots’ Day, and it is always observed in the two states on the third Monday of April.

    Man Braves Iowa Flood Waters to Save Deer

    [NATL-DFW] Man Braves Iowa Flood Waters to Save Deer
    An Iowa man risks his own life to save a deer from Cedar River floodwaters. (Published Monday, Sept. 26, 2016)

    However, the first installment for estimated tax payments is due Monday, April 18, whether or not the person lives in Maine or Massachusetts. That's because estimated tax payments are required to be sent to another state that does not observe the holiday.

    For full information visit IRS.gov

    This article was provided by our partners at moneytips.com
    Our Tax Returns Reveal Our Secrets (Infographic)
    Are You "Friends" With The Internal Revenue Service?
    Interactive Tax Assistant 101