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No, you don't need to file an extension if you don't owe the IRS any money. You only need to file an extension if you need more time to pay.

The current law is you have three years to file for a refund and after that you forfeit it to the IRS. The IRS does not charge penalties to people that are owed refunds even if they are filing after due date (usually April 15). Just make sure you file within the 3 years.

But if you owe money, even if you file an extension, if you do NOT pay by April 15, then you will owe interest and penalties on the money you owe. The extension is form 4868 and can be filed online through IRS.gov e-file, or by mailing in the form. The extension is NOT an extension for time to PAY, it is just an extension for time to file.

Even if you are owed a refund, the IRS says that you are "required" to file if you made over the standard deduction. But in all reality, if they owe you money, they don't want to see you get it. If they owe you money, they don't care when or if you file, but they do like to keep tabs on you. There will be no penalties.

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Q: If you don't owe any taxes do you have to file for an extension just to file the paperwork after the April deadline?
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Related questions

File by the Deadline?

The most important thing to do when filing for a tax extension is to remember to submit paperwork by the deadline. The unfortunate reality is that a lot of people completely forget to do their taxes and require the extension after the deadline has passed. Missing the deadline can force you to pay incredibly high fees. You do not want to be financially penalized for simply forgetting to file paperwork by a certain deadline. The typical deadline for filing a tax extension electronically is April 15. If you remember to make this deadline, then you will not have to worry about paying extra fees.


What is the deadline for income taxes?

The deadline this year was to be April 15. However, the IRS extended this deadline to the 18th this year. It is possible to get an extension that could allow you to file as late as October.


When are the 2013 taxes due?

The 2013 tax deadline to file individual returns, or to request an extension, is April 15th, 2013. Payment on these taxes is also due by April 15th.


What is the date to file tax returns on extension?

For individuals and families, the tax extension deadline is October 15, which gives you a 6 month extension of time to file your taxes from the April 15 tax deadline. You can file your extension online with an e-file provider like FileLater (http://filelater.com).


What does filing for a tax extension do?

Filing an extension with the local or federal government allows the tax payer to "extend" the amount of time that is permitted to pay the taxes owed to the government.In the US of A, April 15th is the standard deadline date that taxes need to be turned in.Filing an extension will allow the tax payer to put off that deadline to a later date.


When is the last day that you can send in federal income taxes?

The official deadline for 2012 was April 17th. If you applied for an extension, the deadline is October 15th. You can send your return even after that, but you can only get a refund up to 3 years after the filing deadline.


When are taxes due?

April 15 is the usual deadline for filing personal income taxes. However, for 2010 taxes, the deadline has been extended to April 18, 2011.


Extending the Tax Deadline?

If you're in the middle of doing your taxes and you're worried about meeting the approaching tax deadline, then there's a way to pay your taxes later without incurring a penalty. It's called filing an extension and it allows you to delay sending in your tax returns for up to six months. You'll have to file the extension by the regular deadline, as well as send in an estimated payment, but if for some reason you're not able to complete all the paperwork in time, then filing an extension will give you some breathing space.


What extension is there for gift tax when the donor obtain an automatic filing extension for income taxes?

When filing an extension for income taxes related to gift taxes, you are granted an automatic extension. As long as the paperwork is filed on time, an automatic 6 month extension is given.


You Still Have To File?

If you think that you may be late on getting your tax return in before the April deadline, file for an extension on taxes. It is easy to do and most of the time you will be granted an extension. However, you will need to get the tax papers in as soon as possible. A tax extension does not mean you have an extra year to finish your tax return. It only means that you have a short extension after April.


When is the Roth IRA deadline?

The Roth IRA deadline is the time you must have your federal taxes completed by, for the previous year. This year this deadline falls on April 15th, meaning you must have 2013's taxes completed by April 15th 2014.


When must you file your federal income tax?

You can file for federal income tax anytime before April 15th 2011, which is the last date for filing federal tax return. However, If you feel that you need more time for tax filing, then you have the option of tax extension. Tax extension grants you 6 months of extension for tax filing but that does not mean you get an extension on payment of taxes. You have to pay your taxes before April 15th deadline.