Overview

They say there are only two things that are certain in this world: death and taxes.  But thanks to the IRS Form 4868, taxes do not have to be filed in the middle of April as they traditionally are.  The IRS Form 4868: “Application for Automatic Extension of Time to File US Individual Income Tax Return” allow individuals to extend their individual filing date 6 months.  So if individuals need an extended amount of time to file their personal returns, they can easily file this simple form with the IRS.

Who is this for?

Personal Returns can be filed by the Following:

• All 1040 Personal Federal Returns
• Sole Proprietorships
• Single Member LLC’s

What is needed?

All that is needed for filing a Form 4868 is basic information such as filing status, name, address, and social security number.  Individuals must also know their estimated taxes owed.  In some cases, an individual should consult with their Tax Professional before Filing for Extension.

How to File?

The Filing Process is easy and can be even easier if one elects to E-File.  The IRS is heavily pushing the new E-Filing Process and many tax professionals believe that E-Filing will be required in the very near future.  It is widely believed to be the safest, fastest, and easiest way to file a return.  There is also no need to leave your office or home, to go to the Post Office.  E-Filing Software is easy to find online. One such provider is www.expressextension.com.  It is very simple and takes just about 10 minutes to complete.  Individuals also receive a confirmation from the IRS once their application is processed.