Deadline for filing tax returns extended; Taxpayers have up to April 18.(Main News)Maglalang, Ferdie J
According to CNBC, the new tax filing deadline for 2021 is Monday, May 17. This will give taxpayers more time to file and pay for taxes. If you do have to pay the Internal Revenue Service (IRS), you can delay the payment of any money owed until May 17. An extension can also be ...
How to File a Tax Extension – and the Extended Filing Tax Deadline for 2024 Returns in 2025 To file a tax extension, you will need to fill outIRS form 4868. Note that filing the extension does not get you off the hook, you still need to pay any estimated taxes by the April 15 d...
The tax day 2026 deadline for filing your 2025 returns is April 15. But if you need extra time, you can file for an extension using Form 4868, extending the tax filing deadline to October 15. However, it's important to note that this extension only applies to the filing, not to paym...
If you are not ready to file your tax return, you can file a tax extension. The IRS sets a mid-April deadline by which most of us must file and pay our taxes. In 2022, the deadline for filing taxes is April 18.
What happens if I miss the October tax extension deadline? If you filed for an extension and miss the October deadline, here’s what you can expect to happen: You may owe a late-filing penalty. The IRS can hit you with a late-filing penalty of 5% of the amount due for every month...
Importance of Filing for an Extension To avoid penalties, if you know you can't meet the April 15th deadline, it’s advisable to file for an extension using Form 4868. This will give you until October 15, 2025, to file your tax return. But, it's important to note that an extension...
Filing for an extension doesn't mean you get more time to pay your taxes, just more time to file.(iStock / iStock) 2. How can I apply for one? Filing for a tax extension is a fairly simple process that can be done electronically. ...
Federal tax filing deadline. This is the date by which you must file your taxes with the IRS. This is also the deadline to file for a tax extension. Remember, a tax extension gives you more time to submit your return, not pay your taxes. Even if you submit a request for an extensi...
Some have notedthat the extension might not be as helpful as it seems since it still requires payment of taxes and the tax return work must be done in order to calculate the payment. Many worry it will just create more confusion and bureaucracy....