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The tax return deadline is here

By Jaya Franklin

jfranklin@henryherald.com

The day that many dread is finally here.

Today is the deadline to file your 2007 tax return. For residents and business owners located in counties that were affected by severe storms and tornadoes, the tax return deadline has been extended.

"The IRS is postponing until May 19 certain deadlines for taxpayers who reside or have a business in the disaster area," said Mark Green, an IRS spokesperson, in a press release.

The Georgia counties that will receive the extension are Bartow, Burke, Dekalb, Floyd, Fulton, Jefferson and Polk.

As of Monday, 2.4 million tax returns have been filed electronically in Georgia. Green said the usual estimate for Georgians filing tax returns is 2.6 million filed electronically for the entire calendar year. But, on April 14, the state was only 200,000 returns shy of that amount.

"We have over three million returns filed already [via mail and e-file]," said Green. "We will be exceeding our normal estimate."

Green believes that the surge in tax filing is due to the economic stimulus package that is being offered to everyone who files a tax return and receives at least $3,000 per year in salary or benefits.

According to the IRS, e-filing is up nine percent and e-filing online by using a PC is up 17 percent when compared to last year's activity. People who have not filed their tax returns can apply for an extension, but that request has to be e-filed or mailed by today.

The extension allows six additional months to file a return. Tax filers can apply for an extension by mailing in form 4868 or an extension request can be e-filed.

For more information, log on to: www.irs.gov, or call 1(800) 829-1040.