The Advantages Of Filing A Form 4868 Extension

If you’re concerned about making the July 15, 2020 deadline, there is no reason to hesitate when it comes to filing an extension. 

With so much going on these days, you may find the idea of filing your personal income taxes overwhelming. That is why ExpressExtension has created a simple e-filing solution. You may be hung up on the misconceptions about filing an extension for your taxes. There are actually many benefits to filing an IRS tax extension. 

So, if you’re stressed about making the July 15, 2020 deadline, there is no reason to hesitate when it comes to filing an extension.

Which Extension Form Should I File? 

If you are seeking an extension for your personal taxes, you will need to file the extension Form 4868. In other words, you will need to file this extension form if you usually file the following with the IRS…

  • Form 1040
  • Form 1040-SR
  • Form 1040-NR
  • Form 1040-NR-EZ
  • Form 1040-PR
  • Form 1040-SS

The Benefits of Filing Form 4868

So, here are the benefits of filing Form 4868. It’s easy, you get more time to file, and the IRS doesn’t expect an explanation. The extension for itself is pretty simple, there are only 9 steps to filing it. Look, here it is…

Essentially, you will just need to know your basic information such as your Social Security Number and the tax liability that you owe for the tax year 2019. 

The IRS doesn’t expect you to provide them any long-winded explanation for why you would like to file your extension. As long as you complete your Form 4868 correctly and submit it to the IRS before the deadline of your Form 1040 (July 15, 2020), along with your tax payment, you are good to go. 

In this situation with the IRS, no news is good news, you will only hear from the IRS if they reject your Form 4868. This is the drawback if you decide to paper file and mail your Form 4868. You will need to ensure enough time to mail your Form 4868 and correct and resubmit your extension if you receive notification that your Form has been rejected. This is where our next point comes in, there are great benefits of choosing to file your extension electronically. 

The Benefits of Filing Form 4868 Electronically

It is important to keep in mind that due to COVID-19, the IRS is processing physical copies of tax forms at a slower rate than usual. To speed up the process and help alleviate additional stress on the IRS, you should definitely consider filing your extension electronically. 

Filing your extension electronically will also alleviate some stress for you as well. When you file electronically you will speed up the process. If your Form 4868 is rejected, you will know sooner and therefore you can make corrections and resubmit without missing your deadline. 

How can you e-file? ExpressExtension offers a simple solution that will ease the burden for even the most inexperienced filer and provide the features that the most experienced filer will appreciate.

The Benefits of Filing Form 4868 with ExpressExtension

How can you e-file? ExpressExtension offers a simple solution that will ease the burden for even the most inexperienced filer and provide the features that the most experienced filer will appreciate.

When you e-file your Form 4868 with ExpressExtension, we walk you through the process. Because we take an interview style approach, we will prompt you for the information that is needed for the Form 4868. This allows you to complete the form quickly and easily. 

We also offer you peace of mind that you won’t find with other providers. As an IRS Authorized E-file Provider, we are able to transmit your Form 4868 directly to the IRS. You will receive an immediate IRS update on the status of your extension.

Worried about getting rejected? If you do, not only will we tell you where the error lies but we will allow you to correct and retransmit your extension form at no additional charge. 

There you have it, the Form 4868 may be a lifesaver for you this tax season! Get started filing today!

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