Tax Day laggards: Consider filing for extension if in a rush

Millions of Americans wait until the last minute to file their taxes and this year is no exception.

Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS will receive tens of millions of last-minute filings electronically and through paper forms.

As of April 8, the IRS had received more than 103 million returns for this tax season, and it had issued more than 63 million refunds worth more than $204 billion.

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