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Monday is Tax Day, the federal deadline for filing and paying individual taxes, and the IRS expects to receive millions of last-minute returns in electronic and paper form. As of April 8, the IRS has received more than 103 million tax returns this tax season and returned more than $63 million worth more than $204 billion. In comparison, at the end of last year, more than 169 million people paid taxes. That's probably about 40 percent of taxpayers still missing this year, with many shaking their heads to turn in their paperwork on Monday. Nina Tross, executive director of the National Society of Tax Professionals, says it's "better to extend" if people haven't paid their taxes. However, he adds that if people don't pay income tax before tax day, "people don't understand that filing for an extension has no effect." "The extension only makes a statement later," Tross said. "If you rush to get it out and then edit it, you're ...

This story is part of Taxes 2022, coverage of CNET's best tax software and everything you need to submit quickly, accurately and on time. Tax returns must be submitted to your local time zone by midnight. This means that the last day to file a tax return and a tax return must be received by you soon. Failure to meet the deadline will delay repayment and may result in debt fines and penalties. If it is not possible to file a tax return tonight, we encourage you to extend it for another six months. In addition to completing your tax return, your online tax software will help you file a tax return. Although an extension allows more time to apply, most tax experts do not recommend it if you do not have the necessary tax information or if you simply cannot file your taxes due to illness, travel or other conditions. Read on to find out how to file a tax extension and learn more about the money you can transfer. For more information, here's how to file your tax return for free and...