Time and tide waits for no one but you can make your Personal Income Tax filing Deadline wait for 6 months by simply E-filing Form 8468 through www.Extensiontax.com .IRS form 4868 is officially termed as the “Application for Automatic Extension of Time to file U.S Income Tax Return”. This is a tax extension form designed for individuals filing for income tax to the IRS. Any individual has the benefit of getting a tax extension for the tax form listed below:
- Form 1040
- Form 1040A
- Form 1040EZ
- Form 1040NR
- Form 1040NR-EZ
Form 4868:
As mentioned above, form 4868 can be used by individuals who wish to extend the time for filing their personal income tax returns. It is important to mention complete details when filing for an extension such as name of the taxpayer, Address, social security number, payments made, due amount to get an extension up to six months. However, E-filing an Extension Form will not allow the tax payer to pay his / her taxes on a later date; it only allows them to submit their Tax form later. Any Taxes owed must be paid on or before the tax Due date i.e. April 18th.
NOTE: Personal Income Taxes or the Extensions are generally due by April 15th, since the due date falls on a weekend it is postponed to the following working day which is April 18th.
The Procedure:
Taxpayers can prepare a rough estimate of the taxes they owe on their Personal Income Tax return before filing, thus getting an idea if they have to pay or need a refund. After preparing the rough draft, tax payers have two options. They can either file their tax return online through an IRS certified E-file Service Provider Like www.Extensiontax.com or download the form and mail it to IRS. Filing for tax extension online is recommended, as this help tax payers file from the comfort and convenience of their house.
For those filing their tax extension online should make sure to verify the details provided and rectify the errors. It is good to cross-check the social security number and other details before e-filing the form 4868.As a reminder, form 4868 is only a way to stretch the due date by six months for filing the tax return. Make sure you pay the amount, as well as file for an extension before April 18th. Call us @ 1-866-245-3918 or write to us @ support@Extensiontax.com for assistance.