How to Secure an IRS Tax Extension Before the Deadline
Running late on taxes? How to apply for an IRS extension before time runs out
The Economic Times
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The IRS allows taxpayers to apply for an automatic 6-month extension to file federal tax returns by submitting Form 4868 before the April 15 deadline. This extension is available to U.S. citizens, resident aliens, and those living abroad, but does not extend the payment deadline.
- 01Taxpayers can get a 6-month extension to file their federal tax returns by submitting Form 4868 before April 15.
- 02An automatic 2-month extension is available for U.S. citizens living abroad, moving the deadline to June 15.
- 03Extensions only provide more time to file, not to pay taxes, which are still due by April 15.
- 04Electronic filing is recommended for reliability and instant confirmation.
- 05Taxpayers should act early to avoid penalties and ensure compliance with IRS rules.
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The Internal Revenue Service (IRS) reminds taxpayers that they can obtain an automatic 6-month extension to file their federal tax returns by submitting Form 4868 before the April 15 deadline. This extension is applicable to U.S. citizens, resident aliens, and those living abroad. For U.S. citizens residing outside the country, an automatic 2-month extension is available, moving the deadline to June 15. However, it is crucial to note that while extensions provide more time to file, they do not extend the payment deadline; taxes are still due on April 15. Taxpayers are advised to file electronically for better reliability and instant confirmation, as paper submissions may face delays. The IRS emphasizes the importance of accuracy in filing to avoid penalties and encourages taxpayers to act early to prevent last-minute issues.
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This extension allows taxpayers to avoid penalties and file their taxes accurately, reducing financial stress.
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