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Taxpayers unable to file their federal income tax return by the filing deadline can apply for an extension with the 澳洲幸运5官方开奖结果体彩网:Internal Revenue Service (IRS) Form 4868: Application for Automatic🎶 Eꦅxtension of Time to File U.S. Individual Income Tax Return.
The extension does not extend the time to pay taxes owed but only extends the deadline to fill out and submit the paperwork.
Key Takeaways
- Form 4868 gives taxpayers a six-month extension to file federal income tax returns.
- An extension for federal income tax returns due on April 15 delays the submission until Oct. 15.
- Filing the IRS extension form doesn't extend the time to pay owed taxes, which are still due by April 15.
- Those who need an extension must submit Form 4868 by the normal April tax filing deadline.
Reasons to Request an Extension
By obtaining the extension, taxpayers avoid any late filing penalties. A late filing penalty of 5% of the amount due for each month or part of the month is incurred if the return has missed the April filing deadline. For returns more than 60 days late, the minimum penalty is $510 or the balance due, whichever is smaller.
Some reasons taxpayers may need additional tജime toℱ file income taxes include:
- Missing a 澳洲幸运5官方开奖结果体彩网:Schedule K-1 from a trust in which the taxpayer is a 澳洲幸运5官方开奖结果体彩网:beneficiary.
- Self-employed individuals may need additional time to set up and fund a 澳洲幸运5官方开奖结果体彩网:simplified employee pension (SEP) retirement plan.
- Taxpayers who are living or working out of the country.
Note
Certain taxpayers may file their federal tax returns online for free directly with the IRS throug🅷h the Direct File program. This service is available to people who lived in the following states in 2024:
Alaska, Arizona, California, Connecti🦋cut, Florida, Idaho, Illinois, Kansas, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Washington state, Wisconsin, Wyoming
Tax filers must submit state tax returns separately. Refer to the to see if you qualify.
Download Form 4868
All versions of Form 4868 are available on the .
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Internal Revenue Service
Important
Depending on the U.S. state, filing Form 4868 𝐆may also provide an automatic extension for the state income tax filing d🃏eadline.
Who May File Form 4868?
Taxpayers who want more time for any reason to file federal income tax returns may use Form 4868, which includes extensions for Form 1040: U.S. Individual Tax Return, 澳洲幸运5官方开奖结果体彩网:Form 1040-SR: U.S. Tax Return for Seniors, 澳洲幸运5官方开奖结果体彩网:Form 1040-NR: U.S. Nonresident Alien Income Tax Return, Form 1040-PR: Self-Employment Tax Return-Puerto Rico, and Form 1040-SS: U.S. Self-Employment Tax Return.
What Information Is Required on Form 4868?
Taxpayers must provide their name, address, Social Security number, and their spouse's Social Security number if applicable. An estimate of final taxes is required, and if the taxpayer expects to owe taxes, they need to pay the balance with the form.
Does Form 4868 Give Filers More Time to Pay Taxes?
No, a taxpayer's payment is still due on the original due date, usually April 15. When submitting Form 4868 to the IRS, taxpayers should send in a payment of the estimated balance due. The IRS allows individuals to skip filling out Form 4868 entirely if they pay their estimated income tax due online or by phone using Direct Pay, EFTPS, or a credit or debit card and indicate that the payment is for an extension.
Do Taxpayers Living Abroad Need to File an Extension?
A two-month filing extension is automatically given to a U.S. citizen or resident who lives outside of the U.S. or Puerto Rico, whose place of work is outside of the U.S. or Puerto Rico, and those in the military or naval service on duty outside the U.S. or Puerto Rico.
The Bottom Line
Form 4868 is available to any U.S. taxpayer needing extra time to file their federal tax return. By completing and sending it to the IR♍S, they will receive a six-month tax return due date extension into October. Although the paperwork deadline is extended, owed taxes are still due by the April filing date.
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