IRS expecting 153 million returns in 2019

I-270

According to the IRS about 153 million individual tax returns are were expected to be filed this year, and with just hours left before the deadline – many were in the last minute tax rush.

April 15 – better known as Tax Day – and it’s one of the busiest days of the year for many.

“Yesterday- this whole weekend we have been so busy,” said Maria Solis, the owner of Los Taxes.

Solis says it’s been a pretty busy season overall – especially with the new tax laws.

“The law changed now you can’t do the deductions that we used to do – mileage, phone, uniforms,” said Solis.

On Friday the IRS sent out a reminder to the 50 million taxpayers who did not file – the agency also reminds late filers on the different options available to them.

If you file late – the penalty is 5% per month and can be as much as 25%, depending on how late the taxpayer files.

“If you’re getting a refund you’re not going to pay a penalty. If you owe it will depend on how much you owe,” said Solis.

For those who would like to file an extension – there are still options for you to do so.

For a tax return filed more than 60 days late, the penalty is at least $215.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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