finance2 years ago
Tax Day Approaching: Tips for Last-Minute Filers.
Taxpayers who need more time to file their taxes can request a time extension from the IRS. The deadline to file taxes is usually April 15th, but with an extension, taxpayers can have until October 15th to file. To request an extension, taxpayers must fill out Form 4868 and submit it to the IRS by the original filing deadline. It's important to note that an extension to file does not mean an extension to pay any taxes owed, so taxpayers should estimate their tax liability and pay any amount due by the original deadline to avoid penalties and interest.