Tax Deadline 2024 Approaching: Here are Key Things You Need to Know

The tax deadline 2024 is fast approaching. Make sure you are prepared and know the important dates and information for filing your taxes this year.

With the deadline of April 15th for federal taxes and April 22nd for state taxes in Hawai’i, it’s important to be aware of key details so you can meet the deadlines on time. This article will outline the most important things you need to know about the tax deadline 2024.

The Department of Taxation recently released reminders about this year’s tax deadline 2024. For residents of Hawai’i, individual income tax returns must be filed by April 22nd using Form N-11. Nonresidents and part-year residents must file Form N-15. If you did any business in the state, you also need to file Form G-45 for periodic taxes and Form G-49 for annual taxes.

What Are the Filing Deadlines?

As mentioned, the deadline to file federal taxes is April 15th, 2024 while the deadline to file your Hawai’i state return is April 22nd. However, if you can’t file by the deadline, both the federal government and state of Hawai’i offer automatic six-month extensions. Just make sure to pay any estimated taxes owed by the original tax deadline 2024. Failing to pay on time can result in penalties and interest charges.

You can also get an automatic extension by showing you are due a refund when you file. Just be sure to submit your return by October 15th for federal and October 22nd for state to avoid any issues. Proper planning and awareness of the tax deadline 2024 dates can help you avoid any unnecessary hassles.

Filing your taxes electronically is strongly encouraged as it reduces processing times and helps you get refunds faster if applicable. The state Department of Taxation website has free e-filing options or you can use commercial tax software for a fee. Using direct deposit for refunds is also the quickest option for getting your money, as checks take longer to process.

You can check the status of your refund online at any time by visiting the Department of Taxation website. Current processing times are also provided there. Just enter your information to see where your refund stands in relation to the tax deadline 2024.