So filers, how are you keeping today? With a new day and a long week ahead, we are starting with a blog post for ExtensionTax.com. Today’s topic is form 4868 and the consequences faced for filing a late extension.

As you know, the due date for filing an extension for form 4868 is April 15^th of the calendar year, and you get 6 months of extension time to file your return. Your return would not be counted late as long as you submit your income tax papers by October 15^th. However, do note, you are liable to pay your dues by the due date. The extension of time is only to get your papers in place, not for the dues you owe. Continue reading →