Last-Minute Tax Filing Guide: Deadlines, Extensions, and Key Documents
The IRS has received over 100 million tax returns for 2022, with millions of households still needing to file before the April 18 deadline. Certain groups including disaster area residents, armed forces members in combat zones, and those with minimal income may qualify for extensions or exemptions. Understanding income sources, organizing tax documents, and knowing filing requirements can help filers avoid penalties and claim eligible refunds.
As the April 18, 2023 tax filing deadline approaches, the IRS has already processed more than 100 million returns for the 2022 tax year, leaving tens of millions of households still needing to file. The article provides guidance on who qualifies for extensions, including residents of federally declared disaster areas (such as most of California, which received an extension to October 16) and armed forces members stationed in combat zones (who receive 180-day extensions). Filers with minimal income below $12,950 (single) or $25,900 (married) may not be required to file but could benefit from doing so to claim refundable credits like the Earned Income Tax Credit. The guide emphasizes organizing all required tax documents including W-2s, various 1099 forms for investment income and side gigs, and reporting all income sources even without formal documentation, such as rental property proceeds.
What different sources said
- CNN WorldLeft
Still haven't filed your taxes? Here's what you need to know
Related
SpaceX IPO Makes Elon Musk World's First Trillionaire as Shares Surge 19% on Debut
SpaceX shares closed up 19% on their first trading day, pushing Elon Musk's net worth to approximately $1.11 trillion and making him the first individual in history to cross the trillion-dollar threshold. The company raised $75 billion at an IPO price of $135 per share, with shares closing near $161, giving SpaceX a market capitalization of roughly $2.1 trillion despite the company reporting a net loss of $4.94 billion in 2025. The milestone has drawn both investor enthusiasm and sharp criticism over Musk's social media conduct and concerns that the IPO's structure exploits passive index fund mechanics to extract wealth from ordinary retirement savers.
Delhi Power Bills to Rise for Some Consumers as Regulator Approves Higher Electricity Surcharge
Delhi's electricity regulator DERC has approved increased Power Purchase Adjustment Charges (PPAC) for distribution companies, raising bills for consumers in south, east, and central Delhi from July 2026. The hike follows a sharp rise in power procurement costs in April 2026, driven by higher summer demand and elevated fuel prices. The change also marks a structural shift from quarterly to monthly PPAC revisions, making electricity bills more responsive to real-time cost fluctuations.
SEC Proposes Repealing Rule 611 and Rule 610(e) of Regulation NMS
The Securities and Exchange Commission proposed on June 11, 2026, to rescind Rule 611 and Rule 610(e) of Regulation NMS, which govern trade-through protections and locking/crossing quotations in equity markets. Rule 611, in place for roughly two decades, requires trades to be executed at the best available price across exchanges. The proposal could reshape equity market structure and has implications for emerging areas such as tokenized stocks.