Final answer:
Tax returns for calendar-year taxpayers are typically due on April 15. This deadline is set by the IRS and applies to filing personal income tax forms such as the 1040 or 1040EZ. Taxes paid fund a variety of government services, and filing on time is essential.
Step-by-step explanation:
The correct answer to when individual tax returns are typically due for calendar-year taxpayers is April 15. The Internal Revenue Service (IRS) mandates that taxpayers file their income tax returns each year by this date unless it falls on a weekend or holiday, in which case it would be due the next business day. This deadline applies to personal income taxes, which is a significant portion of revenue for the federal government. Tax forms such as the Form 1040 or 1040EZ are utilized by individuals to report their annual income and calculate taxes owed or refunds due. A tax refund is the amount returned to a taxpayer if their withholdings exceeded the tax liability for the year.
The filing of income taxes is an essential activity for U.S. citizens and residents, symbolizing a direct engagement with governmental financial operations. It is during this process that individuals reconcile their annual income with taxes owed, contributing to vital government services and programs funded through tax revenue. Paying attention to the tax filing deadline is crucial to avoid penalties for late submission.