Wednesday, November 20, 2019

How to Get an Automatic Tax Extension


Sometimes, people run into unique or challenging situations in life. And, sometimes, these situations make it so that they’re unable to file their tax returns on the due date.

If this ever happens to you, try not to panic. You may actually qualify for an automatic six month extension, providing you with extra time to file.

Even better yet, there are multiple ways to go about getting this extension, and they’re all fairly simple.

E-Filing

One of the easiest ways to get an extension is to e-file Form 4868, which is the Application for Automatic Extension of Time To File U.S. Individual Income Tax Return.  


You can file this form online with or without the help of a professional. Just be sure to fill out part II of the form if you think you will owe taxes.

Traditional Filing

If you’d rather request an extension the old-fashioned way, simply fill out Form 4868 on paper. Then, mail it to the IRS as instructed. If desired, you can make a payment of some or all of your estimated taxes and include it with the form, being sure to provide identifying information and what the payment is for.

Making a Payment

If you’d prefer not to fill out a form, simply estimate your taxes owed and make a full or partial payment to the IRS by phone or online. Doing so will qualify you for an automatic extension without you having to fill out Form 4868.

It’s always best to file your taxes on time to avoid penalties and interest. When that’s not possible, however, simply request an extension in whatever way works for you. That way, you’ll have more time to file and to get your taxes all taken care of.

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