Your Personal Tax Deadline is Almost Here!
File Form 4868 Today to Extend your deadline
Tax Day is almost here! If you still need to file your personal tax return, Form 1040, you are running out of time.
However, there is no need to worry…yet. Taxpayers that need additional time to file their 1040 can request a personal tax extension.
Not sure where to start? Here is what you need to know!
IRS Form 4868 – An Overview
In order to request an extension of time to file your 1040 return, you must file Form 4868. Form 4868 is an IRS tax extension form that provides you with an automatic extension of up to 6 months for filing your personal tax returns. This means you can extend your deadline to October 16, 2023, by filing Form 4868.
Form 4868 provides an automatic extension of the deadline for IRS Forms 1040, 1040A, 1040-EZ, 1040NR, 1040NR-EZ, 1040-PR, and 1040-SS.
Plus, this extension is automatic, meaning that you don’t have to provide the IRS with a reason for needing an extension. You just have to file your 4868 return on or before the original deadline with the required information.
Note: Keep in mind that IRS Form 4868 doesn’t extend the deadline to pay your taxes. Any taxes due to the IRS must be paid by the original tax deadline.
Benefits of Filing Form 4868
By requesting and being approved for an extension, you will have plenty of time to file an accurate Form 1040. This is a way better option than filing in a rush. You may meet the deadline, but your form may contain errors that will catch up with you later!
Failing to file your 1040 return within the deadline will lead to unwanted penalties from the IRS. So, rather than missing the deadline and paying late filing penalties, it’s always a better option to get an extension by filing Form 4868.
Information Required To File Form 4868
Not much information is needed to file Form 4868, just provide the following details:
- Personal details such as Name, SSN and Address
- Spouse’s personal details (if filing a joint return)
- Details about the taxes you owe
How To File Form 4868
You can file a paper copy with the IRS, or you can file Form 4868 electronically. However, the IRS-preferred method is e-filing. It allows the IRS to process forms at a faster rate.
As a taxpayer, e-filing is also much more efficient for you. If you file a paper form, there is essentially no way of knowing whether the form was accepted. When you e-file you get instant status updates, and you can correct and retransmit if needed.
In short, filing Form 4868 electronically is easier, more accurate, and definitely more efficient!
E-file Your Form 4868 in Minutes with ExpressExtension!
There are many reasons why ExpressExtension is the perfect choice to e-file your personal tax extension Form 4868. Here are just a few!
- IRS-authorized e-file provider
- SOC-2 certified – your personal data will be stored and processed securely.
- Express Guarantee – Get an automatic refund if your 4868 filed with us gets rejected as a duplicate return.
- Step-by-step guidance
- Retransmit rejected returns for Free
- Dedicated customer support
Plus, with ExpressExtension, you can complete and download your personal tax extension forms for certain states as well.
A few minutes spent filing your extension is worth it for up to 6 additional months of filing time.