Taxpayers who filed extensions should complete and file their returns by Monday, October 17th.

If you owe taxes, filing on time will help you avoid a potential late filing penalty. If you owe tax money and can’t pay all of your taxes, pay as much as you can to reduce interest and penalties for late payment.

The IRS offers installment agreements so taxpayers can pay their bill over time.  Interest and penalties will accrue until the tax bill is paid.  So, it’s best to pay as much as you can as quickly as you can.