Can You Get an Extension on Your Taxes?

Full Video Transcript

Don’t worry, nearly everyone feels the same as you do: Tax season is overwhelming. But if you need more time to file your taxes, you can request an extension of six months until October 15. It’s pretty straightforward! But here’s the important part: Even if you get an extension, you still need to pay an estimate of any taxes you owe by the original deadline of April 15. When sending an estimated payment to the IRS, note that the payment is for an extension, and then either E-file or mail a paper copy of IRS Form 4868 for an extension. Missing the payment deadline can lead to penalties and interest charges. Want to learn more about your options? Visit LawInfo.com today and find a tax lawyer near you who can answer your questions.