Video: Last-Minute Tax Tips: English
For this and other videos, see: YouTube/IRSVideos
IR-2011-43, April 12, 2011
WASHINGTON — Are you unable to complete and file your federal
individual tax return by the April 18 deadline? If so, you can request
an extension of time to file, which will automatically give you until
Oct. 17, 2011, to submit your tax return to the Internal Revenue
Service.
An extension gives you an additional six months to file your tax
return. But keep in mind that an extension of time to file is not an
extension of time to pay. All outstanding balances are due on April 18,
2011.
The IRS expects to receive approximately 10 million extension
requests in 2011, which is about the same as last year.
Numerous Ways to Get an Extension
In order to get an extension, you need to file Form 4868 with the
IRS.
Taxpayers can electronically file Form 4868 through IRS Free
File or Free File
Fillable Forms. Using Free File to prepare and electronically submit
Form 4868 is free to everyone, regardless of income.
Paid preparers can also electronically file Form 4868 as can tax
software that you run on your computer.
Finally, a paper
version of Form 4868 is available for download from IRS.gov.
However, the IRS will only provide an acknowledgement of your extension
request if you e-file or Free File the request.
When you request an extension, you need to estimate your
tax liability and pay any
balance due by the April 18 deadline. If you are unable to pay the
total balance due, you should pay as much as possible and apply for an installment
agreement. |