BROOKLYN - Time is running out as last-minute taxpayers rush to file their annual income taxes with the IRS.

The IRS says 97 million taxpayers already submitted their tax forms by April 1, with 90 percent of them opting to do it online. The average refund is $2,755, which is down about $40 from last year.

Those who are not ready to file can apply for an extension, as long as they are able to pay at least 90 percent of the amount due at that time to avoid late fees.