How To Extend Tax Filing Deadline
Join 1000's of Authors at StreetArticles Today!

How To Extend Tax Filing Deadline

Every April 15th, all citizens of the United States have to file taxes. Tax time is always very nerve wracking because many people get very nervous about the fact have to fill out those tax forms, and there is always the fear that they will make a mistake and end up having to pay the government a lot of money. However, sometimes situations come up and people have to file an extension. People may not understand how to file an extension in order to get more time to file taxes, and here is information on how to extend tax filing deadline.

The Steps to Extending a Deadline

When it comes to how to extend tax filing deadline, people may have a number of reasons why they need more time. The IRS, which stands for the Internal Revenue Service, allows for citizens to extend their taxes, and they have until April 15th in order to file a special form. However, for citizens of the United States that live in another country, they are not permitted no more than six months to get their taxes filed. For people who want to know how to file an extension, here is more information on the process:

• The decision to file an extension: There are many reasons why people want or need to file an extension. However, the most popular reason for filing taxes is that people know that they owe taxes, and cannot make the payment. Once the decision is made, then the next logical step is to contact the IRS to get the form for the tax extension.

• Get the form for the extension: The IRS website contains all the files that people need for filing their taxes including the extension. Another way to get the form is to contact the IRS, and they will send the form through the mail.

• Gather all documents for the extension form: The IRS extension form is going to need documentation, and people need to gather up whatever documentation that the special 4868 form requires in order to be granted an extension.

• File out the form: There are many ways that people can fill out the special extension form, and they do have the option of filling it out by hand or electronically.

• Make a payment of one dollar: People who fill out the extension form should include some kind of payment with it, even if that payment is as little as one dollar.

• Send the form or file it electronically: Page four of the 4868 form has to do with where to send the file extension form, and again, people do have the option of doing it by hand or filing it electronically.

• Wait for the extension notification: Once the IRS has received the extension form, they will send back an acknowledgement whether it is by email or in the mail itself.

Taxes are filed on April 15th every year, and though it may be a time for people to be afraid, they need to just relax, fill out the forms, and send them in. However, for some reason or another, people may need to file and extension, and there are steps that people need to take in order to fill one out. Once people get the form they need, plus pay at least one dollar, they can file an extension, which will give them more time to take care of their taxes.


Street Talk

No comments present
You May Also Like
Taxing Business Differently
Choice of Entity Every year many new businesses commence operations and their new owners invariably must ask hopefully sooner rather than later, what type of entity should I choose? And in particular, which one provides the most benefit in terms of positioning my company as it relates to my personal…
By: Patrick18 in  Finance  >  Taxes   Jun 06, 2016  
0
  Likes: 0

Importance Of Professional Tax Preparer
The tax preparer is important to get flexibility in the tax calculation, take advice about the tax amount, changing governmental policies and can focus on the other business activities necessary for business expansion. The tax preparer will definitely get the most accurate number of the amount you are liable to…
By: Edward Smith4 in  Finance  >  Taxes   Jun 06, 2016  
0
  Likes: 0

Hosted ERP Solution on Cloud And Desktop Server
ERP is a suite of application software functionalities for managing accounts and finances of an enterprise. ERP is enterprise resource planning software for managing the everyday functionalities of trades. The process of accounting was complex but now it is simpler and easier which is eventually due to ERP solutions in…
By: Jaishking in  Finance  >  Taxes   May 28, 2016  
0
  Likes: 0

Access Drake Software Cloud Hosting on Smartphone
Tax filing was complicated when managed by the accountants and bookkeepers on papers. Since software solutions came into being, the paper based method of tax filing has eliminated and swapped by the automated tax software application. Today the industry has many products for tax filing and hence businesses can choose…
By: Jaishking in  Finance  >  Taxes   May 28, 2016  
0
  Likes: 0

How A Tax Preparer Can Help You Out?
Tax liability is the amount of money a person, organization, entity or company owes to the government. For the government, taxes are an important source of revenue. The government uses the taxes to fund its operations like building the schools, hospitals, road, highways and defending the country. The tax liability…
By: Edward Smith4 in  Finance  >  Taxes   May 28, 2016  
0
  Likes: 0

With Cloud ERP Software Business Management
First we must know about an ERP solution and the purpose of this product. ERP in simple terms is called enterprise resource planning software applications. This software simplifies accounting and commerce for an organization. When a company has ERP solutions, the process of trading and company management is proficiently managed…
By: Jaishking in  Finance  >  Taxes   May 24, 2016  
0
  Likes: 0

Online Customer Data Protected With ACT Cloud Pricing Services
Business organizations can get customer management software ACT to manage their firm. ACT is robust customer management software which brings all client data at one place. The software secures existing prospect client information at one place. ACT is one of the best accounting software for managing client data. Customers are…
By: Jaishking in  Finance  >  Taxes   May 23, 2016  
0
  Likes: 0

How Accountants In Middlesbrough Can Help You?
Different harsh economic conditions can destroy the small businesses completely. People may think that getting the help of accounting services can be expensive in such situations. Well, there is nothing needed more than the accountants Middlesbrough at those times. That’s why, you need to understand the value of accounting Middlesbrough.…
By: aby in  Finance  >  Taxes   May 01, 2016  
0
  Likes: 0

Factors to Consider Before Hiring Professional Accountants In Middlesbrough
The rules related to business change every year and thus the average business entities become irritated and confused. In such a situation, all you need is the help of professional accountants Middlesbrough. The professional accountants are aware of the problems that are the result of the complicated accounting Middlesbrough system.…
By: aby in  Finance  >  Taxes   May 01, 2016  
0
  Likes: 0

Your Identity With the IRS
Most people have heard that you can protect your identity with the IRS. After hearing so many stories recently in the news even as of February 9, 2016 regarding a malware program trying to get E filing numbers, how many people don’t want IRS identity protection? The answer of course…
By: Patrick18 in  Finance  >  Taxes   Apr 28, 2016  
0
  Likes: 0

Organized Records Make Tax Preparation Easier
Tax preparation deals in filing income tax returns by individuals and businesses to pay taxes as early as possible. Income taxes are based on a person's gross income or salary. The calculation of tax preparations deals with how much of the expenditures will be deducted from your gross salary or…
By: Edward Smith4 in  Finance  >  Taxes   Apr 13, 2016  
0
  Likes: 0

Be Wary Of Income Tax Preparation Services
The IRS might want to welcome you to the income tax preparation season of the New Year! That is the way the taxes work. While on one hand you are still relishing the arrival of a brand new year and on the other side, you are glancing back at the…
By: Andy Dean in  Finance  >  Taxes   Mar 26, 2016  
0
  Likes: 0

Personal Income Tax Return Help for Everyone
Quit putting off paying your taxes till the latest possible time. In the event that you need the best tax return you should begin right on time to ensure that you get every one of the deductions that you merit. Your own personal income tax return Montreal should not be…
By: Andy Dean in  Finance  >  Taxes   Mar 25, 2016  
0
  Likes: 0

How to Find A Good Tax Accountant for Your Tax Return:
Whether you know so much about accounting and taxation laws or you don’t, it is likely that your organization accounts are prepared by either a consulting accounting firm or your internal accounts department. For little and medium endeavors, the last alternative can be additionally engaging on the grounds that utilizing…
By: Andy Dean in  Finance  >  Taxes   Mar 23, 2016  
0
  Likes: 0

How to Go About Business Tax Preparation
No one likes to do taxes, and it can be a specially entangled undertaking for the individuals who possess their own businesses. Although, the majority of your imminent customers will keep up their own regular bookkeeping on a weekly basis, you can offer this extra support for the individuals who…
By: Andy Dean in  Finance  >  Taxes   Mar 18, 2016  
0
  Likes: 0

Article Views: 852    Report this Article