Home / Articles / Still filing a paper return? Be sure you understand the “timely mailed = timely filed” rule

Still filing a paper return? Be sure you understand the “timely mailed = timely filed” rule

April 6, 2015

Share:

The IRS considers a paper return that’s due April 15 to be timely filed if it’s postmarked by midnight on April 15. But dropping your return in a mailbox on the 15th may not be sufficient.

For example, let’s say you mail your return with a payment on April 15, but the envelope gets lost. You don’t figure this out until a couple of months later when you notice that the check still hasn’t cleared. You then refile and send a new check. Despite your efforts to timely file and pay, you’re hit with failure-to-file and failure-to-pay penalties totaling $1,500.

To avoid this risk, use certified or registered mail or one of the private delivery services designated by the IRS to comply with the timely filing rule, such as:

  • FedEx Priority Overnight
  • FedEx Standard Overnight
  • FedEx 2Day
  • UPS Next Day Air Saver
  • UPS 2nd Day Air
  • UPS 2nd Day Air A.M.

Beware: If you use an unauthorized delivery service, your return isn’t “filed” until the IRS receives it. For example, DHL is no longer an authorized delivery service.

If you’re concerned about meeting the April 15 deadline, another option is to file for an extension. We can help you determine if that makes sense for you.

© 2015

All content provided in this article is for informational purposes only. Matters discussed in this article are subject to change. For up-to-date information on this subject please contact a Clark Schaefer Hackett professional. Clark Schaefer Hackett will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.

Guidance

Related Articles

Article

2 Min Read

Act Now to Make the Most of Bonus Depreciation and Cost Segregation Under the TCJA

Article

2 Min Read

How to end the headaches of SLFRF reporting

Article

2 Min Read

Clean Vehicle Credit Comes with Caveats

Article

2 Min Read

IRS Offers Penalty Relief for 2019, 2020 Tax Years

Article

2 Min Read

Benefits of Using a Lease Management Software Tool to Implement ASC 842

Article

2 Min Read

How Unrelated Business Income Tax (UBIT) Works for Not-for-Profits

Get in Touch.

What service are you looking for? We'll match you with an experienced advisor, who will help you find an effective and sustainable solution.
  • Hidden
  • This field is for validation purposes and should be left unchanged.