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Money and Markets: Investing Insights

Floridians put off filing their taxes

Floridians are in no rush to file their income taxes this year.

Returns filed by Florida taxpayers as of April 3 were off by 6.6 percent from last year’s pace, says Michael Dobzinski of the Internal Revenue Service.

State residents had filed 5.6 million returns so far, down from 6 million a year earlier.

The filings represent just under two-thirds of the expected 8.8 million returns from Floridians for the 2008 tax year, the IRS reported.

An estimated 847,500 Florida taxpayers will be among the 10 million nationwide who will ask for extensions from the April 15 filing deadline.

Procrastination seems to have hit Florida harder than the rest of the country.

Click here to read the full article…

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