Apr 15, 2018

Question of the Day: What is the deadline for filing your 2017 tax return?

Answer: April 17, 2018

  • Normal deadline is April 15th but 15th is a Sunday and D.C. has Emancipation Day holiday on 16th
  • 59% of consumers don’t know when their taxes are due

Questions:

  • Just like school work, why is it important to know the deadline to file your tax return?
  • Can you file your tax return early? Why might be a reason to file BEFORE the deadline? 
  • Why do you think the IRS gives people a few months in order to file their tax return? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (from MarketWatch):

"A majority of workers (77%) are confused by the new Tax Cut and Jobs Act, according to a nationally representative survey of 2,500 people released Tuesday by TaxAudit, a customer advocacy company based in Folsom, Calif. 'This is the most dramatic remodeling of tax legislation we’ve seen in 30 years,' Mark Olander, TaxAudit chief executive, said. 'Unfortunately, we expect the new tax law to further increase stress levels and confusion.'"

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About the Authors

Danielle Bautista

Danielle is a native of Southern California and a recent graduate from the University of Maine, where she braved the frigid winters—a feat in and of itself—and earned her Bachelor's degree in International Affairs. She has a passion for working with non-profit organizations and serving populations in underprivileged communities. When Danielle isn't writing NGPF blog posts, spearheading various outreach projects, or managing contests and flash surveys, you can find her doing some sort of outdoor activity, learning a new hobby, or cracking what she thinks are witty puns!

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Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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