Why Taxes Were Due on a Tuesday
Tip It!In case you were wondering, here’s why taxes were due on Tuesday instead of Monday: April 16th was Emancipation Day in the District of Columbia. Emancipation Day commemorates the day in 1862 when President Lincoln signed a law to end slavery in D.C. As it turns out, that was nine months before the Emancipation Proclamation was issued on January 1, 1863. So… Although it’s not a federal holiday, Emancipation Day is the reason that the tax deadline got pushed back an extra day. In fact, under a federal statute enacted decades ago, holidays observed in the District of Columbia have an impact nationwide, not just in D.C. Unfortunately, many of the IRS forms and publications had gone to press before they figured this out, and thus they reflected the wrong date.
Published on April 18th, 2007 - 3 Comments
Filed under: Taxes
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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April 18th, 2007 at 10:03 am
Monday was also Patriot’s Day, and while I recognize that very few states will actually observe the holiday I still think that that was a good enough reason to push back the tax deadline. That, and the states that do observe the holiday were thrown into a state of emergency from the weather and those last-minute folks needed the extra day.