It won't be long now until your W-2 forms arrive for income tax prep. Maybe you've already got them and are well on your way to getting them done. I'm not an accountant - far from it. But here's how it usually goes down.

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If you have a refund coming, you'll want to get those income tax returns in as fast as humanly possible. If you owe, well let's just say that most of us wait until the last minute to get that check in under the wire.

This year, the IRS has extended the deadline for filing your federal income tax return until Tuesday, April 17th. According to irs.gov :

"Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns and pay any tax due because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District of Columbia, falls this year on Monday, April 16. According to federal law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do; therefore, all taxpayers will have two extra days to file this year. Taxpayers requesting an extension will have until Oct. 15 to file their 2012 tax returns."

New York State has already extended its income tax filing deadline to April 17th as well, according to the New  York State Department of Taxation and Finance.

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