Tax Day is Tuesday, April 18, 2023

According to a study conducted by IPX 1031, South Dakotans are ranked as the 5th highest tax procrastinators in the country. There are several reasons why this may be the case.

Firstly, South Dakota has a relatively low population density and a large rural population. This could mean that many people may not have the same level of exposure to tax information as those living in more urban areas. As a result, they may be less aware of the deadlines for filing taxes and may put it off until the last minute.

Also, South Dakota has a strong agricultural sector, which can result in more complex tax situations for farmers and ranchers. These individuals may have a more difficult time navigating the tax code and may be more likely to procrastinate on filing their taxes as a result.

South Dakotans Among Top Tax Procrastinators

Finally, it's not just South Dakotans waiting until the last minute to file their taxes each year. According to the study, 1 in 3 Americans doesn't feel prepared to file their taxes this year. The same 1 in 3 people don't know when the actual tax filing deadline is.

Here are the Top 5 Tax Procrastinating States:

Wyoming
Vermont
Alaska
North Dakota
South Dakota

As for why Americans are avoiding doing their taxes: the top reason is that it’s just too complicated and stressful. Others are avoiding the task because it’s too time-consuming, or they don’t believe they’re getting a refund.-IPX 1031

While South Dakotans may be more likely to procrastinate on their taxes than residents of some other states, the underlying causes of this behavior are likely complex and multifaceted.

Just for the record Tax Day is Tuesday, April 18, 2023, this year anyway.