To file a tax return extension in the United States, you typically need to fill out IRS Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. Here's how you can do it:
Obtain Form 4868: You can download Form 4868 from the IRS website (irs.gov) or get it from a tax professional.
Fill out the form: Provide your name, address, social security number, estimate of total tax liability for the year, total payments you've made, and the amount you're paying with the extension (if any
Submit the form: You can submit Form 4868 electronically through IRS e-file, which is the fastest and most secure method. Alternatively, you can mail the form to the address provided in the instructions.
Make a payment (if necessary): If you owe taxes, you should estimate the amount owed and include payment with your extension request. If you can't pay the full amount, it's still important to file the extension to avoid late filing penalties. You can make a payment online using IRS Direct Pay or other payment methods listed on the IRS website.
Receive confirmation: If you file electronically, you'll receive confirmation that your extension request has been accepted. If you mail the form, you won't receive immediate confirmation, but you can track the status of your extension using the IRS's "Where's My Refund?" tool.
It's essential to remember that filing an extension gives you extra time to submit your tax return but doesn't extend the deadline for paying any taxes owed. If you don't pay at least 90% of your total tax liability by the original due date (typically April 15th for most taxpayers), you may be subject to penalties and interest on the unpaid balance.
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