- #IRS E FILING FOR 2016 TAX EXTENSION HOW TO#
- #IRS E FILING FOR 2016 TAX EXTENSION SOFTWARE#
- #IRS E FILING FOR 2016 TAX EXTENSION PLUS#
Keep in mind that Form 4868 applies to extensions for federal tax returns. While you’ll still have to make a tax payment (or face a penalty) by Tax Day, you’ll have an additional five or six months to turn in your income tax return. You can apply for an automatic tax extension by completing Tax Form 4868. But if you want your refund check, you’ll have to turn in your tax return at some point within a three-year period. If you don’t owe the federal government any money, the IRS won’t penalize you for filing your taxes after the April deadline. Note that if you’re expecting to get a tax refund, you don’t have to worry about filing an extension. Or you can have the IRS withdraw your payment directly from your bank account. Just remember to indicate that the payment is for a tax extension. Instead of filling out Form 4868, you can make an electronic payment that covers your total estimated income tax liability (or at least part of it). To make an online payment, you can visit the IRS website and pay using your debit or credit card. If you don’t feel like completing another tax form, we don’t blame you. There’s more than one way to apply for an automatic tax extension. If you need more time, you can file Form 4868 and get an extra four-month tax extension.
citizen who’s living abroad during tax season, you’re automatically eligible for a two-month extension. The last line on the form (line 9) asks you to check a box if you’re planning to file Tax Form 1040NR or 1040NR-EZ. Line 8 will ask you to check a box if you’ll be out of the country on Tax Day. But it’s a good idea to pay as much as possible to avoid paying a late-payment penalty and interest. You don’t have to pay off your entire balance when you file a tax extension. On line 7, you’ll enter the amount that you’re ready to pay. Subtracting line 5 from line 4 will give you the amount of taxes you owe. This is the number you’ll enter on line 18 of Form 1040. Line 5 on Form 4868 asks for an estimate of the amount of taxes you’ve already paid. So you’ll need to pull out your W-2 forms and start working on your tax return in order to fill out Form 4868. This is the same number that you’ll enter on line 15 of Form 1040. Line 4 in Part II of Form 4868 asks for an estimate of your total tax liability. Whoever’s name will appear first on the income tax return must appear first on Form 4868. If you’re married and you’re filing a joint tax return, you’ll need to include your spouse’s Social Security number as well. In Part I, you’ll fill in your name, your address and your Social Security number. The form’s instructions will tell you where to send it and your payment (if you’d prefer to mail a check or money order).įorm 4868 only has two sections. You also have the option of mailing in a paper copy of the form.
#IRS E FILING FOR 2016 TAX EXTENSION SOFTWARE#
You can apply for an extension electronically through the IRS e-file program or use your tax preparation software (like Credit Karma or H&R Block).
#IRS E FILING FOR 2016 TAX EXTENSION HOW TO#
How to Fill out Form 4868įiling a tax extension is easier than you think it is.
But as long as you pay at least 90% of your tax bill by the April filing deadline, you’ll be able to avoid the late-payment penalty altogether.
#IRS E FILING FOR 2016 TAX EXTENSION PLUS#
If you can’t make your tax payment on time, you may have to pay a penalty plus interest. resident or citizen living outside the U.S.Įven if the IRS receives your 4868 tax form by the tax deadline, you’re still expected to pay any taxes you owe by April 18, 2022. Once the April filing deadline passes, you won’t be able to file for an extension, unless you are a U.S. If you want an automatic tax extension, you’ll have to plan for it in advance. So if you’re expecting to miss the April 18, 2022, filing deadline for your 2021 taxes because you’ll be traveling, you can ask Uncle Sam for additional time to get your taxes together.īut there’s a catch. The government won’t even ask why you need extra time to file. When you complete the form, the IRS will automatically grant you a six-month tax extension (some businesses only get a five-month extension).Īnyone can qualify for an automatic federal tax extension. Form 4868 is known as the Application for Automatic Extension of Time to File U.S.
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