How can I get an extension of the tax return?

obtaining an extension of the tax return from the US Internal Revenue Service is a relatively painless process and simply includes in most cases it must submit. There are a few things you should know about filing an extension, especially if you estimate that you owe taxes. The extension does not guarantee that you will not be charged fees or interest on owed taxes unless you have a plan to draw up with IRS. Such an extension will cover you if you are filed yourself or will provide you and your husband an extension of the tax return if you are married and serve together. If you are married and serve separately, you can fill in the 4868 form.

Form 4868 must be submitted at the bottom of the income tax, usually April 15 for individual tax returns. It will offer you a six -month extension of tax administration, even if there are some exceptions. If you are outside the country when it is due to the tax admittedIt, October 15, can be able to qualify for the next two months to submit taxes and by December 15 you have to make your return. If you are in the US Army and serve in an active combat zone or hospitalized as a result of injury suffered in the combat zone, you usually have an automatic 180 -day extension of the tax return that starts either the day you leave the combat zone or the day you leave the hospital. For more information about this, read the publication IRS 3, called the Tax Guide of the Armed Forces.

You can also obtain an extension of the tax return if you file a corporation, trust or partnership return. If you want to get this extension, you have to file a 7004 form. This again extends the time you have to submit to ynaša tax for six months. The only difference between this form and the form of 4868 is that the extension time begins at the end of the fiscal year. Some companies may not have the same tax year as individuals. The form should be stored again to the lastHO data of the fiscal year.

Several other forms can give you an extension of the tax return if you have special tax circumstances. For example, if you need more time to pay real estate taxes, you can request an extension. Find out if you are entitled to extend your tax return based on your special circumstances.

As mentioned, most of the extensions will ask you to estimate the tax you owe if you think you owe any. If you do not make an agreement with the IRS so you can start paying taxes, expect to pay late fees. Also expect the IRS to charge the interest on any money you owe if you file your taxes if you cannot pay for them immediately. It is a good idea if you did not return to return to organize installments with IRS. At least, start making IRS payments if you know you owe taxes when you eventually make your return. These payments can then be deducted from the amount you owe at the time of submission.