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Here’s what you need to do before filing your federal tax return

Posted at 6:50 AM, Apr 15, 2015
and last updated 2015-04-15 06:50:41-04

RICHMOND, Va. -- Wednesday, April 15,  is the deadline to file your 2014 federal tax return with the IRS. The absolute deadline is midnight. The IRS suggests filing electronically either through their free online service or a professional tax service. A recent CBS News report found the error rate on electronic returns is less than 1 percent, while it hovered around 20 percent for paper returns.

If you still plan on mailing in your return:

  • Make sure all your math is correct
  • Sign and date your return
  • Double check you are mailing it to the correct address.
  • For more helpful tips, click here.

The main post office in Richmond, on Brook Road near Virginia Union University, will stay open until 8 p.m. to help late tax filers get the all important April 15th postmark on their tax return. Filers who want to ask for an extension have until midnight to request one. Information on how to complete that process can be found here. Getting an extension does not mean putting off paying what you owe. You must still calculate how much you owe and pay off around 90 percent of that number to avoid penalties, according to tax professionals.