Tag Archives: automatic extension

Happy 4th of July! Extend Your Federal Income Tax Filing Deadline to OCTOBER 15

The ExtensionTax.com team wishes all a very Happy 4th of July! The IRS issued Notice 2020-134 on June 29, 2020, the automatically extended filing and payment deadline of July 15, 2020, will not be postponed, any taxpayers looking for further relief including those affected by COVID-19, who cannot pay in full should contact IRS for help. The IRS also encourages the affected taxpayers to pay what they can and consider a variety of payment options available for the remaining balance.  

“The IRS understands that those affected by the coronavirus may not be able to pay their balances in full by July 15, but we have many payment options to help taxpayers,” said IRS Commissioner Chuck Rettig. “These easy-to-use payment options are available on IRS.gov, and most can be done automatically without reaching out to an IRS representative.”

Taxpayers unable to meet the July 15 due date can request an extension to file until October 15. However, this is not an extension of time to pay. Taxpayers must estimate their tax liability on the extension-form and pay as much as they can by July 15 to avoid possible penalties and interest.

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It’s April 18th – Tax Day! E-file for an Extension Today!

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“It’s tax time. I know this because I’m staring at documents that make no sense to me, no matter how many beers I drink.” – Dave Barry. The day Dave was quoting is today. YES! You read that right, Today April 18th, is your deadline to file and pay your Personal Income taxes. Not everyone is prepared to file their Personal Income Taxes, due to lack of paper work or lack of time. Continue reading →

Efile Your Income Tax Return Or Efile Extension Form 4868

Updates… updates… and only updates… With only 3 days left, we are here to update you about the income tax return due date which is falling on 15th of April. Assuming you are not ready with your documents, and you need extra time, you can always reach IRS for grace time by filing form 4868, the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.

Ok breaking the ice, we want to update you something more about the extension. This application doesn’t serve you with extra time to pay your dues, it only provides you with time to get your documents in place by October 15th 2015. While filing form 4868, you need to pay the taxes you owe to the IRS or penalties and interest won’t leave your way. You are not liable for any penalties if you pay your taxes and get an extension.

Forms That Are Eligible For An Extension:

If you are liable to file your income tax return via Tax Form 1040, Tax Form 1040A, Tax Form 1040EZ, Tax Form 1040NR, Tax Form 1040NR-EZ, Tax Form 1040-PR/ Tax Form 1040-SS, you can file form 4868 and gain 6 months extra time to get your papers ready.

However, when we talk about the set of people who are Outside The Country by the regular due date of the tax return, but they surely belong to the states, gain 2 months automatic extension to file and pay the taxes without requesting for one. The due date would be June 16th 2014. However, if you are falling on the above mentioned list, you need to file and pay your dues by the extended due date to avoid penalties. Continue reading →

Extension Of Time For Income Tax For U.S. Citizens And Resident Aliens- Form 2350

So filers, how are you doing? Today, at our blog, we are going to talk about form 2350, the Application for Extension of Time to File U.S. Income Tax Return for U.S. Citizens and Resident Aliens Abroad Who Expect To Qualify for Special Tax Treatment. If you are residing outside U.S, you have to pay your foreign earned income to the nation. Usually, the due date to file income tax is April 15th of every calendar year. Continue reading →

Apply For Tax Extension via Form 7004 Before the Deadline

It’s high time for all businesses to file for an extension before the deadline to stay away from the last moment stress in relocating the tax documents. By applying for an extension, you can take your own time and relax yourself in preparing the tax report related to your business income during the year.  Despite of the pain and gain experienced by business owners, tax should be filed and paid on time. You are left only with seven days to file for an automatic Extension.

Use of Extension Form 7004

Form 7004 is to file for an automatic extension for your business income tax return. By filing this, IRS will offer you additional time i.e. 5 or 6 months depending upon your actual form type.  If you are new for filing business taxes, then the term extension would be really new to you and you can learn more by reading this blog. Continue reading →