how do i file an extension on my taxes

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To file an extension on your federal taxes, you need to submit IRS Form 4868, "Application for Automatic Extension of Time To File U.S. Individual Income Tax Return," by the original tax deadline, typically April 15. This extension gives you until October 15 to file your tax return without penalties for late filing

. Here are the main ways to file a tax extension:

  • Electronically via IRS Free File : Anyone can use IRS Free File to request an automatic extension online, regardless of income
  • Paying estimated taxes online : You can make a payment of any estimated tax owed using IRS Direct Pay, debit/credit card, or digital wallet and indicate that the payment is for an extension. This method counts as an extension request and you will get a confirmation number
  • Mailing Form 4868 : You can fill out the paper Form 4868 and mail it to the IRS postmarked by April 15. Be sure to keep proof of mailing
  • Using tax software or a tax professional : Most tax software programs support filing Form 4868 electronically. Tax professionals can also file an extension on your behalf

Important notes:

  • Filing an extension only gives you more time to file your return, not more time to pay any taxes owed. You should estimate and pay your tax liability by April 15 to avoid penalties and interest
  • If you live outside the U.S., you may qualify for an automatic two-month extension without filing Form 4868
  • Only one extension per tax return is allowed, generally extending the filing deadline to October 15

In summary, to file an extension, submit Form 4868 by April 15 electronically, by mail, or through a payment with extension indication. Then, you have until October 15 to file your full tax return without late-filing penalties