ways to request an automatic extension of time to file a U.S. individual income tax return.

 

It’s Convenient, Safe, and Secure

 

IRS e-file is the IRS’s electronic filing program. You can get an automatic extension of time to file your tax return by filing Form 4868 electronically. You will receive an electronic acknowledgment once you complete the transaction. Keep it with your records. Do not send in Form 4868 if you file electronically, unless you are making a payment with a check or money order. Complete Form 4868 to use as a worksheet. If you think you may owe tax when you file your return, you will need to estimate your total tax liability and subtract how much you have already paid

E-file Using Your Personal Computer or Through a Tax Professional

 

Refer to your tax software package or tax preparer for ways to file electronically. Be sure to have a copy of your 2010 tax return—you will be asked to provide information from the return for taxpayer verification. If you wish to make a payment, you can pay by electronic funds withdrawal or send your check or money order to the address shown in the attachment on Where to File a Paper Form 4868

Pay by Credit or Debit Card

 

You can get an extension if you pay part or all of your estimate of Income tax due by using a credit or debit card. Your payment must be at least $1. You can pay by phone or over the Internet

File a Paper Form 4868

 

If you wish to file on paper instead of electronically, fill in the Form 4868 and mail it to the address shown below.

Note :

  • If you are a fiscal year taxpayer, you must file a paper Form 4868
  • Clickhere to know the mailing address for information on using a private delivery service
  • Click here to view a sample form 4868

Purpose of Form

According to instructions for Form 1040, Form 4868 – IRS is consistent on the requirement to file a tax extension:

“If you cannot file your tax return by the due date, you must request an extension. This is an extension of time to file, not an extension of time to pay. If you do not file your return by the due date (including extension), you may have to pay a Late Filing penalty.”

Reasons to file Form 4868

  1. Filing an extension avoids the 5% per month Late Filing penalty.
  2. The Late Payment penalty will not apply during the six months of the 4868 extension period if the unpaid tax is less than ten percent of the total tax liability.
  3. Filing an extension online provides you with positive confirmation that your extension was accepted by IRS. You will receive a tracking number known as the IRS DCN that proves you filed.

Qualifying for the Extension

 

To get the extra time you must:

1. Properly estimate your 2010 tax liability using the information available to you,

2. Enter your total tax liability on line 4 of Form 4868 (Check the attached sample form 4868), and

3. File Form 4868 by the regular due date of your return.

CAUTION

 

Although you are not required to make a payment of the tax you estimate as due, Form 4868 does not extend the time to pay taxes.

If you do not pay the amount due by the regular due date, you will owe interest. You may also be charged Penalties.

Any remittance you make with your application for extension will be treated as a payment of tax.

You do not have to explain why you are asking for the extension. IRS will contact you only if your request is denied.

Do not file Form 4868 if you want the IRS to figure your tax or  you are under a court order to file your return by the regular due date.

E-file with ExtensionTax.com

Remember the inbuilt provisions in e-filing service enable data maintenance efficiently. Thus your data is safe and retrievable at any point of time

ExtensionTax.com can help you access the forms you need to e-file your extension in time. It’s Simple, Safe and Secured.

To know more Filing your form 4868 electronically visit www.Tax4868.com / www.Extensiontax.com

For any further support on filing Extension for tax forms call our Help Desk 1-866-245-3918 or simply email your queries to support@ExtensionTax.com