Taxes are due on April 18th this year, which is a Tuesday. In this case, I
will owe money to the IRS and will want them to deduct the funds from my
checking account on the 18th. If I file electronically using TaxAct or one
of the other online tools, what is the latest I can do the final submit in
the program to assure the IRS will have time to get the funds without
charging any interest? On the online submission, you do get to specify the
date you want the funds taken out, but if I wait until the 18th to do the
submission, I don't see how they could still take the funds out on the 18th.
Or does it work the way it does with paper returns? In the case of a paper
return, I can mail it on the 18th and only need a postmark with that date.
If it takes a week to physically get to the IRS, it doesn't matter. Does it
work the same way with online submissions? That is, is it ok if I do the
submit any time on the 18th (before midnight) or do I have to do it a day or
two ahead?
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