Good news! You can get up to 6 more months to file your personal taxes!
The Application for Automatic Extension of Time to File U.S Individual Income Tax Return, better known as Form 4868, extends the deadline to file income tax returns as far as six months. This means you won’t have to submit tax documents until October 15th, 2021!
This year, the IRS extended the original deadline by one month from April 15 to May 17, 2021.
The deadline to submit a Form 4868 is May 17, 2021.
Form 4868 is for anyone who feels like they can’t meet their 1040 deadline. We get it, and so does the IRS. Things happen, documents go missing, and time gets away from you.
It is vital to note that Form 4868 only pushes back the filing deadline of your tax documents. It doesn’t give you extra time to pay any taxes that you might owe. If you think you may owe money this year, you’ll need to estimate the amount after filing for your extension.
The IRS doesn’t ask for you to explain why you need the extension. Extensions are automatic for those who file Form 4868.
How To Get your Extension Processed Quickly?
E-file Form 4868
If you are not sure that you can make the deadline, it is important that you file an extension just to be sage. Filing late will result in significant penalties and interest. The penalty can be 5% of the unpaid taxes for each month or partial month it is late. If the return is more than 60 days late, the minimum penalty is $135 or 100% of the unpaid tax, whichever is less.
What Filing A Form 4868 Means
Did you know that filing an extension doesn’t put you at higher risk of being audited? Generally, an extension is issued automatically and they won’t hassle you about why you are in need of an extension. So there is no need to pull out the old faithful, “My dog ate my homework” excuse.
Take the time to put in your extension today with ExpressExtension and file your Form 4868 in minutes.
Filing Form 4868 with ExpressExtension
ExpressExtension is an IRS authorized e-file provider that supports IRS tax extension Forms. You can complete your extension Form in minutes and get instant approval from the IRS. You will receive instant notifications about your filing status. Also, ExpressExtension is powered by a new feature, the Express Guarantee, which guarantees that you will get and extension or your money back!