Monday is the last day to file your 2020 income taxes

Personal Finance

NEW HAVEN, Conn. (WTNH) — Monday, May 17, is Tax Day, which makes it the last day to file your state and federal income taxes for the 2020 tax year.

The Dept. of Revenue Services (DRS) said if you haven’t filed yet, you are encouraged to do so electronically by midnight.

Stretch your Dollar: Last-minute tax security tips as due date approaches

Filing electronically is the fastest way to receive your funding, and is safe and secure. DRS is offering extended business hours for phone coverage until 6 p.m.

Taxpayers who are experiencing financial trouble in paying the amount due are encouraged to contact DRS. If you have less than $72,000 in adjusted gross income, the IRS will give you free tax prep software.

RELATED: Quinnipiac grad students at helping others with their taxes for free

Taxpayers who need additional time to file beyond the May 17 deadline can request an extension of time to file until Oct. 15, 2021.

Stimulus checks do have to be reported, but they are not taxable. If you should have gotten a stimulus check but didn’t, you can apply for that with your taxes as well.

Also, be aware of scams involving taxes. The IRS does not call you and demand payment. It certainly never demands payment over the phone or using gift cards.

Later Monday evening, The Recovery For All Coalition will be holding a Tax Day rally in Hartford. The rally will take start at 5 p.m. under the Soldiers and Sailors Memorial Arch in Bushnell Park, and then they will march to the State Capitol. They’re expecting hundreds of people to demand the state to repair what they said is a broken tax structure and make big investments in struggling communities.

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