0
Can A donor can obtain a filing extension for a gift tax return as follows?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How hard is it to get an extension for tax filing?
Getting an extension for tax filing in the United States is generally not difficult and is quite common. Here are some key points to keep in mind: Automatic Extension: Individual taxpayers can easily obtain an automatic extension for filing their federal income tax return by submitting IRS Form 4868. This form provides a six-month extension, moving the deadline from April 15 to October 15. It's important to note that this extension is for filing the return, not for paying any taxes owed. No Explanation Required: The IRS does not typically require individuals to provide a reason for requesting an extension. Filing Form 4868 is generally a straightforward process, and the IRS grants the extension without asking for a specific explanation. Timely Submission: To get the extension, you must submit Form 4868 by the original due date of your tax return, which is usually April 15. Filing after this date may result in penalties and interest on any taxes owed. Payment of Taxes Owed: While you can get an extension for filing, it's important to note that the extension does not grant extra time to pay any taxes owed. If you anticipate owing taxes, you should estimate and pay that amount by the original due date (April 15) to avoid penalties and interest.
When can you file an extension on your taxes?
Any time up tlll the due date. Remeber the extension is for filing th return, not paying the tax.
What is the last day to file a tax return?
For Federal income tax for most people they are due on or before April 15, of the year following the reporting year. Some State returns have different deadlines. However, a 6 month extension of time to file is easily available. (But note that is an extension fo filing the complete return, NOT paying. Payments are due, through quarterly estimates or payroll withholding throughout the reporting year. An underpayment during this time can be made right with the filing of the return, or extension, on April 15. Failing to make adequate payments can also void the extension and subject someone to penalties and interest). An un-filed return is ALWAYS open to audit and assesment by the Government, as no statute of limitations even starts to run until one is filed. It may be filed at ANYTIME after the due date. An incorrect return may be corected by filing an amended return, anytime after the original filing...although the time to obtain a refund is limited.
A Little More Time?
If you put off filing your taxes during the year, there is a tax extension form that you can fill out. The tax extension form is for those who may need more time to complete their tax return due to health concerns or just lack of paperwork. There is no charge for the filing of the extension, but you should know that the IRS will probably look at your return more carefully to be sure there are no discrepancies.
When will you get your k-1 form?
K-1's are required to be issued by March 15 or September 15 if the return gets an extension filing.
Is there a provision for Pa extension for filing?
Is there an extensio for filing Pa tax return?
What date can you extend the deadline to by filing the application for automatic extension?
The deadline for filing of the extension form was April 15, 2010 and it would have been an extension to file the income tax return until October 15 2010.
How hard is it to get an extension for tax filing?
Getting an extension for tax filing in the United States is generally not difficult and is quite common. Here are some key points to keep in mind: Automatic Extension: Individual taxpayers can easily obtain an automatic extension for filing their federal income tax return by submitting IRS Form 4868. This form provides a six-month extension, moving the deadline from April 15 to October 15. It's important to note that this extension is for filing the return, not for paying any taxes owed. No Explanation Required: The IRS does not typically require individuals to provide a reason for requesting an extension. Filing Form 4868 is generally a straightforward process, and the IRS grants the extension without asking for a specific explanation. Timely Submission: To get the extension, you must submit Form 4868 by the original due date of your tax return, which is usually April 15. Filing after this date may result in penalties and interest on any taxes owed. Payment of Taxes Owed: While you can get an extension for filing, it's important to note that the extension does not grant extra time to pay any taxes owed. If you anticipate owing taxes, you should estimate and pay that amount by the original due date (April 15) to avoid penalties and interest.
When can you file an extension on your taxes?
Any time up tlll the due date. Remeber the extension is for filing th return, not paying the tax.
What is the last day to file a tax return?
For Federal income tax for most people they are due on or before April 15, of the year following the reporting year. Some State returns have different deadlines. However, a 6 month extension of time to file is easily available. (But note that is an extension fo filing the complete return, NOT paying. Payments are due, through quarterly estimates or payroll withholding throughout the reporting year. An underpayment during this time can be made right with the filing of the return, or extension, on April 15. Failing to make adequate payments can also void the extension and subject someone to penalties and interest). An un-filed return is ALWAYS open to audit and assesment by the Government, as no statute of limitations even starts to run until one is filed. It may be filed at ANYTIME after the due date. An incorrect return may be corected by filing an amended return, anytime after the original filing...although the time to obtain a refund is limited.
A Little More Time?
If you put off filing your taxes during the year, there is a tax extension form that you can fill out. The tax extension form is for those who may need more time to complete their tax return due to health concerns or just lack of paperwork. There is no charge for the filing of the extension, but you should know that the IRS will probably look at your return more carefully to be sure there are no discrepancies.
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.
When will you get your k-1 form?
K-1's are required to be issued by March 15 or September 15 if the return gets an extension filing.
When are extensions due for filing income tax returns?
Extensions for filing your income tax return are due by the date that your return is due. Returns reporting 2009 income are due by April 15, 2010 in your tax year ended on December 31. To request an extension, you need to file Form 4868, Application for Automatic Extension of Time to File U.S. Income Tax Return. But an extension of time doesn't grant an extension of time to pay your tax liability. If you owe taxes, they're considered due this year by April 15.
How do you request an extension of the deadline for filing your tax return?
You can get an automatic six-month extension of the deadline for filing your income tax return. To request an extension, submit Form 4868 (Application for Extension of Time to File U.S. Individual Income Tax Return). It's important to remember that the extension gives you extra time for getting your tax return in order for the IRS. But it doesn't extend the time you have to pay tax due (if you're not getting a refund). Any amount not paid by the April deadline is assessed interest. A late payment penalty is charged if you haven't paid at least 90 percentof your total tax by the April deadline. If your return is completed but you can't pay the full amount of tax due, the IRS wants you to file your return on time and pay as much as you can at that time.
When is the last day for filling taxes for 2013?
If you mean for filing your return for income earned in 2012 the normal date would be April 15, 2013 unless you file an extension which gives you until October 15, 2013. Remember that the extension is only an extension to file and not an extension to pay any taxes that may be due. If you do not pay the taxes due then interest and penalties for non-payment of taxes will be assessed. If you don't file your taxes or an extension by April 15, 2013 then you will be assessed penalties and interest for non-payment of taxes and for non-filing of the return on a timely manner.
Do I need to file for and extension if I expect the IRS to owe me, and I cannot file by April 15 due to being at work 600 miles from home till after the 15th?
To be on the safe side, you should still file for an extension for your Federal Tax Return filing if you can't get your return in by the deadline, even if you expect to get a refund.
