Tue April 17, 2012

Tax Deadline Looms

This is the last day procrastinators have to file state and federal income tax returns. Karen Connelly, a spokeswoman for the Internal Revenue Service says only about 20% of Colorado taxpayers have to write a check to the government when filing their taxes. The other 80% receive refunds.

And Connelly says typically it’s not the people who owe money waiting until the last minute to file.

“Contrary to popular belief, the majority of late filers are actually due a refund. So there’s really no reason to wait. But a lot of people will put off doing their taxes if they believe they have a tax debt,” Connelly says.

Connelly says Coloradans can still request a tax extension online. But for those wanting to get the paperwork sent in, David Rupert with the U.S. Postal Service says they’re prepared to handle all the last minute mail.

“The postal service stands ready for all the procrastinators out there who are perusing that special postmark for their taxes. And we understand many of them aren’t ready yet, but we are,” Rupert says.

This year most Americans are expected to file their tax returns electronically. But, Rupert says about 20% of people will still choose to mail in their paperwork.

The main post offices in Longmont and Loveland and at least one Denver facility, on East 53rd Street, will collect mail through midnight in order to ensure filings are postmarked April 17th.