Do You Live in a Tax Procrastinating City?

April 3, 2009 · Filed Under Money 


TurboTax has tallied last-minute online tax filings to find out which cities across the country are the biggest tax procrastinators. Here is the list, as determined by the number of tax returns electronically filed online via the TurboTax Online service from April 13-April 17, 2008 (previous year ranking in parenthesis):

TOP 5 TAX PROCRASTINATING CITIES IN AMERICA

  1. San Francisco, Calif. – (#5) – The Golden Gate City takes the gold this year when it comes to tax procrastinators, moving up from number 5.
  2. Houston, Texas – (#3) – After being booted from the number 1 spot last year, which they have claimed more than any other city (three times), Houston barely misses out this year coming in at number 2.
  3. New York, N.Y. – (#2) – The “City that Never Sleeps” has made a habit of snoozing through tax season.  Although it has dropped one spot to number 3, New York has made it onto the top 10 list the last eight years.
  4. Chicago, Ill. – (#1) – After taking the crown last year, the ìWindy Cityî drops to number 4 on the list.
  5. San Diego, Calif. – (#6) – The sun and sand are good distractions for San Diegans.  Despite being home to TurboTax, San Diego manages to move up to number 5 this year.

Here are some last-minute tax tips for procrastinators:

  1. Even procrastinators have things they can do to save money on their taxes.  Taxpayers have up until the April 15 deadline to contribute to an IRA.
  2. Don’t forget charitable contributions made in 2008.  Even mileage to and from volunteering is deductible.
  3. Go online.   Taxpayers can go online to prepare and e-file taxes up to the 11th hour at www.TurboTax.com– it’s fast, easy and convenient.
  4. E-file.  Taxpayers can avoid the long lines at the post office and can get their refund back in as little as 8 days with direct deposit.
  5. Not going to make the April 15 deadline?  File for an extension. Taxpayers will get an extra 6 months to file (to Oct. 15 2009). But remember…an extension to file is NOT an extension to pay taxes. If a taxpayer owes money, they will need to pay their tax bill by April 15, or face penalties. Taxpayers can file an extension for free at www.turbotax.com.

We’re in the midst of finishing ours, despite a couple of missing 1099s – but don’t put it off until April 14th to get started, whatever you do!

Creative Commons License photo credit: michale

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One Response to “Do You Live in a Tax Procrastinating City?”

  1. ABCs of Investing on April 5th, 2009 10:15 pm

    [...] The Inside Guide Today says that you might procrastinate on taxes because of your city. [...]

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