Tax season is in full swing! The deadline to file personal income tax returns is April 18, 2022!
If you need an extension of time to file Form 1040, US Individual Income Tax Return, our friends at ExpressExtension are here to help. ExpressExtension is an IRS-authorized e-file provider that provides a simple and accurate filing solution for tax extension forms.With ExpressExtension, individuals can file Personal Tax Extension Form 4868 to extend their personal income tax return deadline.
Here’s what you need to know about Extension Form 4868:
When is the deadline to file Form 4868?
The deadline for filing an extension Form 4868 is April 18, 2022. If approved, the extension grants filers an additional 6 months to file Form 1040. Thus, the extended filing deadline for your personal income tax return would be on October 17, 2022.
Do I Need a Reason for Filing Form 4868?
Form 4868 is an automatic extension which means the IRS does not require an explanation as to why you need an extension of time to file. However, you still must file an accurate form by the deadline of the original Form 1040 deadline.
You Still Need to Pay Your Taxes
While filing Form 4868 extends the deadline to file Form 1040, it does not extend your balance due to the IRS. You still need to pay any tax due by the original IRS deadline, the Form 4868 extension does not extend the time to pay. ExpressExtension provides its clients with a simple solution for both e-filing your tax extension and making your tax payments to the IRS.
Avoiding IRS Penalties
By filing an extension with the IRS you are able to avoid unwanted penalties that you will incur if you fail to file your tax return on time. These penalty rates will vary depending on which form the IRS requires you to file and how late is it filed.
E-File your Extension
The IRS-preferred method of filing is electronically filing. E-filing allows your form to be processed at a faster rate. Also, using an IRS authorized e-file provider helps to improve form accuracy and ensure your return is transmitted securely to the IRS.
Start Filing with ExpressExtension!
For a quick and user-friendly filing experience, visit ExpressExtension to start e-filing Form 4868 today. ExpressExtension has a live customer support team as well as several other helpful features and tools to make your filing process simple!