Deadline for filing federal, state taxes looms
MADISON—Monday is the deadline for filing tax returns, and officials are encouraging anyone who doesn’t think they’ll make it to file for an extension.
Taxpayers who seek a federal extension will automatically get a state one. They can file for a federal extension online or by mail.
Those who file for an extension have until Oct. 15 to file their returns and pay any tax that’s owed. But they’ll also have to pay interest — 1 percent per month.
The Wisconsin Department of Revenue says taxpayers should request an online payment plan if they can’t pay their taxes in full.
Payment plan and extension applications are available on the department’s website (http://www.revenue.wi.gov ).