Tax Day is observed on April 15th. However, if the 15th falls on a weekend or holiday, the deadline is extended to the next business day.
15/04/2023 | Sat | Tax Day |
15/04/2024 | Mon | Tax Day |
15/04/2025 | Tue | Tax Day |
15/04/2026 | Wed | Tax Day |
15/04/2027 | Thu | Tax Day |
Know about the Complete List of Public Holidays in United States this year including National and regional holidays.
The day serves as the final opportunity for individuals and businesses to submit their tax returns to the Internal Revenue Service (IRS). It ensures that citizens fulfill their civic duty of contributing to public services and government operations.
On Tax Day, most people spend the day organizing financial documents, filing taxes online, or visiting tax professionals. Some celebrate by hosting 'Tax Day parties' to commiserate with friends or enjoying post-filing treats as a reward for completing the task.
Tax Day: The modern income tax system was established in 1913 with the ratification of the 16th Amendment. Tax Day has since become a staple of American life, though the deadline has occasionally been extended during crises, such as the COVID-19 pandemic.
A common tradition is rushing to the post office before midnight to mail tax returns or staying up late to file online. Many also take advantage of last-minute tax deductions or extensions.
The IRS receives over 150 million tax returns each year, with the majority filed electronically.
Today, Tax Day is often marked by stress-relief activities, such as enjoying discounts at restaurants or participating in 'Tax Day Freebies' offered by businesses. It is also a time for financial reflection and planning for the year ahead.