Today Is (Not) Tax Day

For everyone worried about getting their taxes done by the close of business today, there’s no need to rush quite yet.

In January, the Internal Revenue Service announced that taxpayers have until April 18 to file their tax returns.

Taxpayers have until Monday to file and pay their 2010 taxes because its Emancipation Day in the District of Columbia. Emancipation Day, which marks the end of slavery in Washington, is April 16 but since it falls on a Saturday this year, it is being observed today. 

By law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do; therefore, all taxpayers will have three extra days to file this year.

Taxpayers requesting an extension will have until Oct. 17 to file their 2010 tax returns.

The IRS said it expects to receive more than 140 million individual tax returns this year, with most of those being filed by the April 18 deadline.