Tag Archives: tax4868

Need More Time to File Your Tax Return! Use Form 4868

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 especially designed for individuals filing for income tax to the IRS. Moreover, an individual has the benefit of getting a tax extension for the below tax forms:

  • Form 1040
  • Form 1040A
  • Form 1040EZ
  • Form 1040NR
  • Form 1040NR-EZ

Explaining Form 4868:

As mentioned above, form 4868 can be used by individuals who wish to extend the time for filing their tax returns. It is important to mention the complete details when filing for an extension such as name of the taxpayer, the place of residence, social security number, payments made, due amount, etc to get an extension up to six months. However, it is good to know that it does not extend the taxpayer needs for paying the complete tax liability but only extends the time required for preparing the paperwork for filing the tax return. Taxpayers should keep in mind that the deadline to file for form 4868 is April 15th.

The Process:

Taxpayers are advised to prepare a rough draft of their tax return before filing, thus getting an idea if they have to pay or need a refund. To help them save time and efforts there are certified CPA’s to help them. Moreover, there are websites like ExtensionTax.com providing assistance to tax payers for calculating the tax returns and save time.

After preparing the rough draft, tax payers have two options. They can either file their tax return online or download the form and mail it to the respective address. Filing for tax extension online is recommended, as this help tax payers file from the comfort and convenience of their house and save the environment too.

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 15th. Call us @ 1-866-245-3918 for complete assistance and get your queries answered.

Certain ‘if’s to File an Extension for Tax

Federal tax returns are due by April 15 every year. But, there is a provision with the IRS to request extension of time to do the same. Form 4868 has to be returned to the IRS which gets you an automatic 6-month extension for you to file your income taxes. Obtaining an extension to file doesn’t mean an extension to pay your taxes. You have/ought/should/must do the same by the given due date. We hope all of us including you, know this. In case you are going to file for the very first time, we hope the information is clear.

Have you ever wondered if there are any ‘if’s to claim an extension of time for filing taxes? Yes or no, here we present to you certain ‘if’ items to remind or instill in your mind respectively.

Inadequate Tax Information

Granting time to transform, data imperfection to tax perfection.”

For just an asking, you get an addition of time. That’s what IRS says through form 4868 for filing federal income taxes. Additional time means more time to return accurate documentation to the government. Talking about a practical example, if you’ve lost the W-2 your employer sent you, it is better off to wait for the duplicate one to reach you in the meantime and then file the taxes. So, if that’s the case, it is where you take an extension of time.

Surprising Life Events

Surprise that can stop tax surprises”

IRS understands the ability of life events to interfere with your ability to file taxes. Under any circumstance that may leave you unable to file taxes on time like birth, death, illness or anything like that, it is to be considered an important ‘if’ condition to apply for an extension. While the IRS does not need an explanation for extension, you have all the reasons to pay it on time and take an extension request.

The Time that Can Save you Some Tax

Spending some time to extend can save money to some extent”

If you think that an extension of time that can in turn get you some substantial tax savings, well you can apply for an extension. For example, an IRS conversion may take some time in the meantime, filing an extension can eliminate your obligation to pay the tax.

An Important ‘If’

If it’s an e-file extension, it is extensiontax.com

It’s an undoubted statement that e-file is the best option to file any tax form. Extension tax form 4868 is not an exemption. What makes the difference is, knowing the users and making the usability of the tax software as simple as expected. And if it is that, it is extensiontax.com

Instant TEXT Alert on return status…!!!

Extend your Personal Income Tax deadline from April 15th to October 15th, Yes!!! it is possible by efiling Form 4868, Personal Income Tax Extension and get easy 6-months extension of time. Read more about filing an extension at www.Tax4868.com

Efile, It’s as easy as 1-2-3. Our main motive is to bring innovative solutions to you and make your tax filing experience easy. A premier feature TEXT Alert to simply notify you on the status of tax return instantly. We are very sure that you will love this feature. Enjoy your tax filing. No more waiting or guessing game, get instant alert to your mobile in minutes once IRS accepts/rejects your extension return.

What is TEXT Alert?

If you choose to get an TEXT alert, you are asked to enter your cell phone number (TEXT Alert can’t be sent to home or office number), then when there is an update on your tax return from IRS, we will instantly alert you. It is so easy.

How it Works?

It is so easy. You need to choose this service and enter your cell phone number. That’s all, we will take care of the rest. Whether IRS accepts or rejects your return, we will alert you by sending TEXT Alert to the number provided. It will alert you instantly. We strongly recommend you to use this feature and avoid any delay in getting status of your tax return.

It’s Free!!! No upfront charges. Try for Free and pay to efile or print. Experience the difference, 100% satisfaction guaranteed.

April 18 Filing Deadline Approaching; IRS Offers Tips to Taxpayers

WASHINGTON — The Internal Revenue Service today reminded taxpayers that they have two weeks remaining until the April 18 filing deadline and that they can use IRS Free File to do their taxes or file an extension.As of March 25, the IRS has received more than 82 million individual income tax returns, which is 58 percent of the 141 million returns expected this year. The IRS has received about the same number of returns so far this year as it did at this time last year, while processing of returns is up 3 percent from the same time last year.

Numerous economic recovery tax credits are also still available. The IRS reminded taxpayers that for some credits, such as the Making Work Pay Credit, individuals must claim the $400 ($800 for married couples) in order to receive it. (Use Schedule M to calculate your Making Work Pay credit.)

Usually, 20 to 25 percent of all taxpayers file in the final two weeks of the tax season. And, usually, about 7 percent of taxpayers seek a six-month extension to file.

Taxpayers have an extra weekend to file this year because of a District of Columbia holiday. The deadline for 2011 is Monday April 18, instead of April 15.

The IRS offered these filing tips as the final countdown begins:

Start now to gather information and prepare your return to avoid hasty and possibly costly errors;

  • Many tax credits from the American Recovery and Reinvestment Act (ARRA) are available. There’s an expanded American Opportunity Credit of up to $2,500 for tuition, books and fees; a larger energy credit of up to $1,500 and an expanded Earned Income Tax Credit for larger families of up to $5,666. The $8,000 first-time homebuyer credit is still available for people who entered into a binding contract by April 30, 2010, and went to settlement by September 30, 2010;
  • Consider using IRS Free File, which is brand-name software or online fillable forms, to prepare and e-file your returns – at no charge. Software is available to the 70 percent of taxpayers – those who earn $58,000 or less. And, fillable forms have no income limitations. Get started at IRS Free File;
  • File electronically to get a faster refund, have secure, encrypted transmission and a more accurate tax return. You can e-file through your tax preparer, through commercial software or through IRS Free File;
  • If you cannot meet the April 18 deadline, file an extension, Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. All taxpayers can use Free File to submit a Form 4868 for an automatic six-month extension.
  • The six-month extension is to file a return only; it is not an extension to pay taxes due. If you are unable to pay your taxes, file a tax return anyway to lessen the penalties and pay all that you can. Then work with the IRS to set up a payment plan or you can go to IRS.gov and use the Online Payment Agreement Application.

E-file an Extension for your Business and Individual Tax returns at ExtensionTax.com. For any further support and queries please call Help Desk 1-866-245-3918 or email to support@taxexcise.com

Cumulative through the weeks ending 03/26/10 and 03/25/11
Individual Income Tax Returns 2010 2011 % Change
Total Receipts 82,533,000 82,276,000 -0.3%
Total Processed 77,812,000 80,318,000 3.2%
E-filing Receipts:
TOTAL ,000 71,067,000 6.8%
Tax Professionals 42,354,000 44,712,000 5.6%
Self-prepared 24,188,000 26,355,000 9.0%
Web Usage:
Visits to IRS.gov 141,109,467 151,305,611 7.2
Total Refunds:
Number 68,587,000 69,955,000 2.0%
Amount $204.260 Billion $206.477 Billion 1.1%
Average refund $2,978 $2,952 -0.9%
Direct Deposit Refunds:
Number 54,738,000 57,251,000 4.6%
Amount $175.038 Billion $179.827 Billion 2.7%
Average refund $3,198 $3,141 -1.8%

ExtensionTax.com: E-file an Extension Form 4868 and report your personal income taxes late!!!

Personal Income Tax Extension Form 4868 is due on April 18th, 2011.

Life is getting busier every day. Don’t wait until April 18th to file your taxes or tax extension. File an extension now and spend time to do your things through Oct 15th. Our system is now certified and approved by the IRS for accepting e-filing extension forms for the tax year 2010.

At www.ExtensionTax.com, we offer e-filing business or individual income tax extensions for just $9.99

Why www.ExtensionTax.com?

ExtensionTax.com is a premier efile service provider in the Tax Industry and it is the professional way to efile any extension tax returns with IRS.

  • Get easy 6-months tax extension to file your personnel income tax returns.
  • Simple and Easy steps, complete an extension tax in 3 simple steps in minutes.
  • Get instant “TEXT Alert” on status of your return.
  • IRS certified efile partner for Extension Tax Forms
  • Receive an email confirmation once your extension is IRS Approved.
  • No Penalty to Filing an Extension.
  • Manage multiple businesses/personnel extension tax returns in one single Account.
  • Do a Tax Extension from anywhere, anytime. 99% of Tax Extensions filed through us were accepted by IRS.
  • Simple, Safe and Secured to do it with www.ExtensionTax.com
  • Rated #1 by tax payers.
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