IRS Extends Filing Deadline for Taxpayers
The IRS is offering an automatic six-month extension for federal tax filings, allowing taxpayers additional time to submit their returns.
Tax Day has arrived, but taxpayers still have an avenue to extend their federal tax filing deadline. The Internal Revenue Service (IRS) is providing an automatic six-month extension, pushing the filing deadline to October 15.
This extension is automatically granted to all taxpayers who request it. It is important to note that this is an extension to file, not an extension to pay. Any taxes owed are still due by the original Tax Day deadline. Taxpayers who anticipate owing money are encouraged to estimate their tax liability and pay as much as possible by the original deadline to avoid potential penalties and interest.
Those seeking an extension can do so by filing Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. This form can be filed electronically through tax software or by mail.
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