When is the US tax filing deadline for 2025 returns?

The federal due date is 15 April 2026. Many states, including New Jersey, follow the same day. Filing on time helps avoid IRS penalties, and paying any balance by the deadline prevents extra interest from building. Extensions delay paperwork only.

How fast do New Jersey refunds arrive if I e-file or mail?

New Jersey notes e-filed refunds typically take four or more weeks after acceptance. Paper returns can take 12 or more weeks. Choosing direct deposit and accurate information can speed processing, while errors or paper checks can extend the tax refund timeline.

Do IRS penalties disappear if I request an extension?

No. An extension gives more time to submit forms, not to pay. To avoid IRS penalties and interest, estimate your bill and pay by 15 April. You can file the completed return later, then settle any small difference due.

Why does the tax refund timeline matter for GB investors?

Refund waves can lift US consumer spending between late April and June. UK-listed firms with US revenue may see short-term changes in orders, traffic, or card volumes. The exchange rate also matters, since a strong dollar can boost pound returns from US earnings.

Global Market Insights

February 13: US Tax Filing Deadline Looms; Refund Timing Could Sway Spending

ByDanny Kontos February 14, 2026February 14, 2026

With the US tax filing deadline approaching, UK investors should watch how refunds and penalties shape American spending. Federal and New Jersey returns are due on the April 15 2026 deadline. As the tax filing deadline nears, e-filed refunds often arrive faster than paper, shifting cash into late April through June. IRS penalties for late filing or underpayment raise the cost of waiting. This tax refund timeline can nudge discretionary buys, card volumes, and travel plans. We outline what to monitor, why timing matters, and how to position portfolios.