KALIHI (HawaiiNewsNow) - Monday is the deadline for filing your federal income tax return. Even though taxpayers were given a few extra days this year, it seems many are still scrambling to get their forms in.
The Internal Revenue Service expects to process more than 140 million individual tax returns this year.
Callers with last-minute questions and a steady flow of walk-in customers. With the federal tax deadline looming, it's been a busy past few days at H&R Block's Dillingham Boulevard location.
"It's been kind of hectic," Nina Pangelina, H&R Block senior tax advisor, said. "A lot of people that have been stressed about the deadline and saying, 'Will I make it?'"
Procrastinators had a three-day cushion this year. The federal filing deadline was extended to Monday, April 18th, because April 15th was a holiday called "Emancipation Day" in the District of Columbia.
Experts say choosing to electronically file -- instead of mailing paper forms -- is the best way to ensure that your tax return is complete and filed by the deadline. It can also lead to a faster refund.
"E-filing is always the best way to go," Samantha Moikeha, H&R Block district manager, said. "Other than that, it gets sent in the mail. You wait for a person to actually input the information that you did on the paper and then we can't, there's no guarantee that it gets done quickly."
A tax advisor can offer information about tax code changes that could benefit you.
"There's a really good one, adoption credit. It's a lot of money and it turns to a money credit this year," Pangelina said. "Then there's child tax credit. There's the President Obama making-work-pay credit. That's a really good one."
Taxpayers requesting an extension will have until October 17th to file their 2010 returns. But remember...
"An extension is an extension to file, not an extension to pay," Moikeha said. "So as long as we get an extension in for you, you have time to figure out, to get all the documents together. But you still have to pay on time."
There's no cushion for filing your state individual income tax return. The deadline for that is Wednesday, April 20th.