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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.

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Q: What does filing for a tax extension do?
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Related questions

Is there a provision for Pa extension for filing?

Is there an extensio for filing Pa tax return?


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.


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.


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.


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.


Who can help me with filing for a tax extension?

You can of course go to regular tax filing places such as HR Block, etc. But filing an extension requires only one form (plus you have to pay estimated tax to avoid penalties), and so you might as well download the form, fill it out and mail it. Or, if you have the turbotax or other tax filing programs, they might include instructions for filing an extension. Instructions can be found here http://taxes.about.com/od/preparingyourtaxes/ht/FileExtension.htm for federal taxes -- but don't forget about those state/county/local taxes either!


Is it too late to get a tax extension?

Filing for a tax extension after the tax deadline will be extremely difficult. You may also run into some high penalty fees. Visit a local tax preparation store for more information.


Why must you file your taxes on April 15th?

it is necessary that you file your taxes by April 15th because that is the last date kept by the IRS for tax filing and if you don't by the due date, then you will be levied with heavy penalties which I'm sure you wouldn't want to pay. However, there is another solution to not filing for taxes by April 15th. If you don't have time for filing taxes you can file for a tax extension. Tax extension grants you automatic 6 months extension on filing for your tax returns. However, it does not mean that you don't pay up. Nowadays e-filing is so easier and you got many IRS providers online for easy extension services.


Where can I get a tax extension?

When filing taxes late you need to apply for an extension. you can contact your local government offices or even got o a tax site like www.hrblock.com and they can direct you on how to do that.


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.


Last day of taxes after filing an extension?

For the 2009 tax year the date is October 15 2010.


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.