Whether you’re in need of an extension on your taxes or have to file for a tax refund, filing for an IRS tax filing extension can be a big help. If you are due a tax refund and your return is not yet filed, you can still get your refund. The IRS offers three options for taxpayers who have not yet filed their taxes: file electronically using the e-file option, file on paper using the traditional paper filing method, or use an IRS tax filing extension.
The e-file option allows you to electronically file your tax return and receive your refund directly from the IRS. The traditional paper filing method allows you to mail in your tax return and receive your refund through the mail. The IRS offers an automatic six-month tax-filing extension if you choose to file using the traditional paper filing method. This means that if you normally file by April 15th, you can delay your submission until October 15th to avoid having to pay late-filing penalties.
If you choose to use the IRS online services, all of your information is already uploaded into the system, so there is no need to submit a form separately requesting an extension. Using an IRS tax filing extension gives you more time to prepare and file your taxes. This extra time can help reduce the chances of having any errors on your return or receiving a penalty for late submission of your taxes.
Why Use the IRS tax filing extension?
There are several reasons you may want to file your taxes later than the April 15th deadline. Maybe you need more time to gather the information needed for your taxes. Maybe you have special circumstances that require more time to prepare your taxes. Whatever the reason, if you can prove that an extension is necessary, the IRS will generally allow you to File Your Return Late (FLL) using Form 4868.
What if you need more time to file your taxes?
If you need more time to file your taxes, you can request an IRS tax filing extension. An IRS tax filing extension allows you to file your taxes up to six months after the original due date. There are a few things you need to know before filing for an IRS tax filing extension.
First, you will need to file the form, a Request for Tax Filing Extension. You can find this form on the IRS website or at your local post office. The form must be completed and signed by both you and your tax preparer.
Second, you will need to provide proof of income and Social Security numbers for all household members. You can get this information from your bank or any other reliable source. If you do not have this information, you may be able to get it from the courts or from state agencies that handle child support payments.
Third, if you have any dependents who are minors, they must also file a form with their parent or guardian requesting an IRS tax filing extension. Dependents who are over 18 years old may file their own form if they have income and are not claimed as a dependent by another taxpayer in the same year.