The April 18th deadline is approaching fast, what happens if you’re not ready to file?
You may request up to an additional 6 months to file your U.S. individual income tax return. There are three ways to request an automatic extension of time to file your return. You must request the extension of time to file by the regular due date of your return to avoid the penalty for filing late. An extension of time to file is not an extension of time to pay. Here are three ways to file an extension.
- Pay all or part of your estimated income tax due and indicate that the payment is for an extension using IRS Direct Pay, EFTPS: The Electronic Federal Tax Payment System, or a credit or debit card. You’ll receive a confirmation number for your records.
- E-file Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return using your personal computer or through a tax professional who uses e-file.
- File a paper Form 4868. Note: Fiscal year taxpayers may file extensions only by filing a paper Form 4868.
If you file Form 4868 electronically, be sure to have a copy of your prior year’s return; you’ll be asked to provide your prior year’s adjusted gross income (AGI) amount for verification purposes. Once you file, you’ll receive an electronic acknowledgment that the IRS has accepted your filing. Keep this for your records.
If you need to file an extension, reach out to your local tax professionals at Meadville Tax Service and we can take care of it for you.
Call us at 814-333-2488 or email at firstname.lastname@example.org