IRS Tax Extension

Basically, the deadline for filing income tax return is April 15 and everyone is expected to file his or her return before the due date. But not all are capable of filing their returns on time and therefore, there is a fear of getting penalized for late filing. But fortunately, the IRS offers you an opportunity to file for IRS tax extension. You can efile tax extension which is the easiest, fastest and convenient way to get extra time for filing your return.

With filing an IRS Extension Form properly, you will get six more months, until October 15, from the IRS to complete your return without getting a penalty. There are certain things that you should keep in your mind while requesting the IRS for six month grace period.

When it comes to filing a tax extension, you should begin by estimating how much money you may owe. It is very crucial to do such estimation because you have to pay your money by April 15. If you are not ready with your estimation, you will not be able to file your return before the deadline.

If you are not sure that you will not be able to complete your return, then you should think of the chances not to get penalties. You need to accurately file for a tax extension, but please remember that this does not stop the IRS from charging you interest. So, it will be a good idea to prepare a rough draft of your final return so that you will get an idea of what you might owe.

If you are concerned with the personal tax extension, then you need to fill out the Form 4868 to the IRS. You can file this form online which is easy and comfortable way to do than doing paperwork. You should always keep in your mind that you have to complete your tax extension properly by April 15.

Labels: IRS Extension, IRS Extension Form, IRS Extension Forms, Online Tax Extension

• IRS Extension Forms
• Online Tax Extension