Tax Day: Difference between revisions
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'''Tax Day''' is the day that [[income taxes]] are due from most [[employed]] [[United States|American]] residents. Although income tax was first collected once during the [[American Civil War|civil war]], it was not collected yearly until 1913 when the [[Sixteenth Amendment to the United States Constitution|16th Amendment]] was added to the [[Constitution]] giving the [[United States Congress]] the legal authority to tax people's [[income]]s. The filing deadline in 1913 was [[March 1]]. It was changed to [[March 15]] in 1918, and to [[April 15]] in 1955. The filing deadline remains April 15, but in the event that it falls on a weekend or holiday, it moves to the next business day. |
'''Tax Day''' is the day that [[income taxes]] are due from most [[employed]] [[United States|American]] residents. Although income tax was first collected once during the [[American Civil War|civil war]], it was not collected yearly until 1913 when the [[Sixteenth Amendment to the United States Constitution|16th Amendment]] was added to the [[Constitution]] giving the [[United States Congress]] the legal authority to tax people's [[income]]s. The filing deadline in 1913 was [[March 1]]. It was changed to [[March 15]] in 1918, and to [[April 15]] in 1955. The filing deadline remains April 15, but in the event that it falls on a weekend or holiday, it moves to the next business day. |
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In 2007, Tax Day was on Tuesday, [[April 17]], [[2007]] because April 15 fell on a Sunday and Monday April 16 was [[Emancipation Day]], a legal holiday in the District of Columbia. In addition to these extensions, in 2007 due to |
In 2007, Tax Day was on Tuesday, [[April 17]], [[2007]] because April 15 fell on a Sunday and Monday April 16 was [[Emancipation Day]], a legal holiday in the District of Columbia. In addition to these extensions, in 2007 due to a Noreaster that hit, certain states were granted an additional 2 days for taxes bringing the deadline to April 19th. Those who filed under this extension had to write "April 16 Storm" on the return. <ref>{{cite web|url=http://www.irs.ustreas.gov/newsroom/article/0,,id=169523,00.html|title= IRS Gives April 16 Storm Victims Additional 48 Hours to File Income Tax Returns |
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|publisher=Internal Revenue Service, U.S. Department of the Treasury|date=2007-16-04|accessdate=2007-04-16}}</ref> |
|publisher=Internal Revenue Service, U.S. Department of the Treasury|date=2007-16-04|accessdate=2007-04-16}}</ref> |
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Revision as of 18:10, 25 July 2007
Template:Globalize/USA Tax Day is the day that income taxes are due from most employed American residents. Although income tax was first collected once during the civil war, it was not collected yearly until 1913 when the 16th Amendment was added to the Constitution giving the United States Congress the legal authority to tax people's incomes. The filing deadline in 1913 was March 1. It was changed to March 15 in 1918, and to April 15 in 1955. The filing deadline remains April 15, but in the event that it falls on a weekend or holiday, it moves to the next business day.
In 2007, Tax Day was on Tuesday, April 17, 2007 because April 15 fell on a Sunday and Monday April 16 was Emancipation Day, a legal holiday in the District of Columbia. In addition to these extensions, in 2007 due to a Noreaster that hit, certain states were granted an additional 2 days for taxes bringing the deadline to April 19th. Those who filed under this extension had to write "April 16 Storm" on the return. [1]
See also
References
- ^ "IRS Gives April 16 Storm Victims Additional 48 Hours to File Income Tax Returns". Internal Revenue Service, U.S. Department of the Treasury. 2007-16-04. Retrieved 2007-04-16.
{{cite web}}: Check date values in:|date=(help)