No. Especially if you owe no tax. The ONLY extension is for an extension to file, not to pay. You should have paid at least what you would estimate to have owed, the extension essentially becoming to justify and support that estimate. If you underestimate, a small penalty and interest would be charged when that is determined. Otherwise, the estimate works, and if less than proven, will be refunded. ====== To clarify: There is no fee charged by the IRS. You can get the form for free from the IRS or the IRS web site and mail it in by yourself (for the cost of a postage stamp). If you want to electronically file it, the IRS does not accept efile directly from the public. You have to go through a private efile provider who may charge you for efiling. Similarly, if you want to use the services of a tax professional, they may charge you a fee.
No it is not necessary to file for an extension when no taxes are due or you would be due a refund.
Every year, thousands of people find themselves unprepared to file their taxes. If you are one of them and simply fail to file your taxes, then you will have to face the wrath of the IRS. Instead of facing the wrath of the IRS, you should file a special form and receive a legal extension period for filing your taxes. You can file the Form 4868 and receive an automatic 6-month extension on the filing of your taxes. The only caveat with this option is that you must file for an extension by the due date set forth by the IRS.
It depends on the legislation of your country.
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.
Usually if you are approved for a tax extension you will have until October to file your taxes. If you aren't done by October you can file again, but you may not get approved.
No it is not necessary to file for an extension when no taxes are due or you would be due a refund.
If you need more time to file your taxes in 2020, you should file an extension to avoid penalties.
If you require an extension on the filing of your taxes, do not forget to file an extension for state taxes too. Of course, if you live in a state like Florida that does not have a personal income tax, then you will not need to worry about filing taxes at all. In a majority of other states filing an extension is essential. You may incur certain fees or expenses if you fail to file an extension for your state taxes. Be sure to research the requirements for your state on receiving an extension for the filing of state taxes.
Call CRA. There should be a toll free number on their site. They will be able to tell you whether or not you have grounds to file for an extension on your taxes.
Get your 2008 taxes filed on time (or at least file an extension) even if you are not done with your 2007 taxes. You have already reached the maximum failure to file penalty for 2007. If you don't get your 2008 taxes filed on time, you will get a whole new set of penalties for 2008.
Every year, thousands of people find themselves unprepared to file their taxes. If you are one of them and simply fail to file your taxes, then you will have to face the wrath of the IRS. Instead of facing the wrath of the IRS, you should file a special form and receive a legal extension period for filing your taxes. You can file the Form 4868 and receive an automatic 6-month extension on the filing of your taxes. The only caveat with this option is that you must file for an extension by the due date set forth by the IRS.
It depends on the legislation of your country.
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.
Usually if you are approved for a tax extension you will have until October to file your taxes. If you aren't done by October you can file again, but you may not get approved.
If you have gone through an e-file provider, it will time stamp your application and apply for an extension on your behalf. If you do your own taxes, you can go to the IRS website and download or apply directly for an 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).
Yes, for U.S. federal income taxes and many states, you can file an extension online.