A third of Americans file taxes at the last minute. Why that might be a bad idea

The May 17 deadline for filing 2020 taxes is swiftly approaching.

If you haven’t filed your taxes yet, it’s time to start.

As many as 33% of Americans procrastinate doing their taxes and wait until the last minute, according to a recent survey by IPX 1031. The reasons taxpayers put it off vary — 40% say filing is too time-consuming, 22% said it’s too stressful and another 22% want to make sure they’re filing correctly.