With one of the last extended tax filing deadlines of the year a little over a week away, things have been getting a little busy around the ExpressExtension office. Next Thursday, October 15, is the last day to file for personal income taxes if you were approved for an extension this year, and in November we’ll have the last extended deadline for non-profits who still need to file. Despite this, we’re never too busy to answer your extension e-filing questions!
If you’ve never filed for one with the IRS, you might be wondering what all this “extension” talk is about. Well, if you file an income tax extension form with the IRS by the date that your taxes are normally due, you can receive a filing extension of up to six months, depending on if you’re filing your personal, business, or tax exempt organization income taxes. Please note that a tax extension grants you additional time to file your returns, but does not grant you additional time to pay any taxes due.
Want to know more? Here are some of the most commonly asked questions about tax extensions:
How long will it take?
Not long at all! With ExpressExtension, the process typically only takes about 5-10 minutes from start to IRS acceptance.
If I e-file, is my personal information safe?
As safe as if it were locked up in Gringotts. The IRS has authorized us as an official e-file provider, and our site is encrypted, McAfee Secure certified, and protected by 1286H SSL (Secure Sockets Layer).
Which IRS form do I need to file for a tax extension?
Well that all depends on what you want an extension for. Need an extension for your business’s taxes? That’s Form 7004. For an extension on your personal income taxes, you need Form 4868. And if you run a nonprofit and need some extra time, you should file Form 8868.
When will I know if the IRS has accepted my tax extension?
If you e-file with us we’ll send you an email notice, usually within an hour of filing, to let you know your form has been processed by the IRS.
Do I need to file an extension for my state taxes too?
That depends. Many states automatically grant you a state extension when your federal extension is approved. Don’t worry though, we’ll include some state specific information at the time of your filing based on the state you listed in your address.
What sort of information goes on a tax extension form?
Just the basics, and you don’t even have to include a reason! All the IRS needs is your contact information, your filing status or business type, and an estimate of the taxes you owe.
What taxes do I owe?
Ah, if only we could read the IRS’s mind. Unfortunately, since we can’t, this is a question that you’ll need to refer to either a tax professional or the IRS for an answer.
I’m in a different timezone than ExpressExtension, do I still need to e-file by 12 a.m. EST?
Nope. So long as you file your form before midnight wherever you are located, your form will be on time and considered by the IRS for extension.
Can I do this on my phone?
You sure can! Our website is built to be accessible on a phone or tablet. And, if you’re filing Form 4868, there’s an app for that! Just search “Express 4868” in your device’s app store.
I still need more help?!
No worries! We’re just a phone call, email, or live chat away. We offer email support 24/7 at support@ExpressExtension.com, and you can call us (803-514-5155) or live chat through our website (www.ExpressExtension.com) Monday – Friday, 9 a.m. – 6 p.m. EST.