According to an audit by the Inspector General, the IRS destroyed 30 million paper documents.
The IRS has responded that third parties submitted the destroyed documentation.
Tax credits are ending and now millions of Americans will face an extra $2,000 in charges per year
Will this impact my tax return?
The IRS has said that taxpayers won’t be impacted and won’t be penalized. However, some GOP representatives are still curious about the shredded documents. James Comer and Nancy Mace sent a letter to Charles Rettig, the IRS commissioner asking for explanation.
Both representatives will review a potential behavior misconduct from IRS staff.
If you didn’t request an extension, there are three ways to file for an automatic extension:
- Pay all or part of your estimated income tax due and indicate that the payment is for an extension
- File Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return using your personal computer or through a tax professional who uses e-file
- File a paper Form 4868. Note: Fiscal year taxpayers may file extensions only by filing a paper Form 4868
Gas prices: How high will they go?
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