Welcome back filers, hope you are doing good. Today, we can see how technology has made our lives so smooth and simple that, we really don’t have time to think about the minutes we hold in hand when we are efiling. It takes 2 minutes to fill the form and another minute to pay your dues online and hardly few seconds to get your return transmitted to IRS and receive your acknowledged receipt.
However, with the moving technology, we at ExtensionTax.com have decided to take every advantage of this high tech world and developed Smartphone app for filing extension online. Keep following to know more:
This Smartphone app allows you to file extension for form 4868 (Application for Automatic Extension of Time To File U.S. Individual Income Tax Return) and form 2350 (Application for Extension of Time To File U.S. Income Tax Return and For U.S. Citizens and Resident Aliens Abroad Who Expect To Qualify for Special Tax Treatment).
Form 4868 is an application for Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. Usually, the due date falls on 15th April for calendar year tax payers and your extended due date would be 15th of October. If the due date falls on a weekend, then the next business day would be treated as the due date.
Form 2350is an Application for Automatic Extension of Time to File U.S. Individual Income Tax Return for U.S. Citizens and Resident Aliens Abroad Who Expect to Qualify for Special Tax Treatment. Individuals who are residing outside U.S and do qualify for foreign earned income exclusive or for foreign housing or exclusion deduction by meeting either the bonafide residence test or the physical presence test but there should be no due of tax.
Also, if the tax home is your foreign country throughout your tax period, a bonafide residence or physical test applies.
However, there are many more updates coming up related to ExtensionTax.com. We shall leave it for the next blog, until then you can read our previous post or simply share your reviews
So what is holding you up? If you are Smartphone user and you have to file your individual income tax return each year, then you this app should be added in must-have list of apps for your phone. The best part about having an app for filing your extension is that you can file on the go.