Adjust Text Size

How to Request an IRS Income Tax Extension

Written by Nickel - One Comment

How to Request an IRS Income Tax Extension

It’s that time of year again… Taxes are due in less than three weeks. If you haven’t finished your returns (like we have!) it’s time to get cracking.

But what if you’re not going to make it? Well, I have good news and bad news for you. The good news is that you can request a six month extension — which is automatically granted — but you still have to pay whatever is due by April 15th.

Said another way, if you don’t want to run the risk of a late payment penalty, you still have to essentially complete your return by the 15th so you’ll know what (if anything) to pay.

A few facts about income tax extensions:

  1. To request an extension, you should use IRS Form 4868. Any tax prep software worth its salt will also be able to handle this, as will any professional tax preparer.
  2. Even if you request an extension, you still have to pay the amount due no later than April 15, 2013 to avoid penalties.
  3. After filing an extension request, your new deadline for filing your income tax return will be October 15, 2013.

And, assuming that you don’t live in an income tax-free state, you’ll also need to consider requesting a state filing extension. The process is similar, though you’ll need to get the details for your particular state.

If you choose to file an extension, you should claim credit for your payment on the appropriate line of your return:

  • Form 1040, line 68
  • Form 1040A, line 41
  • Form 1040EZ, line 9
  • Form 1040NR, line 64
  • Form 1040NR-EZ, line 21
  • Form 1040-PR, line 10
  • Form 1040-SS, line 10

That’s it. Happy filing!

Published on March 27th, 2013
Modified on April 15th, 2013 - One Comment
Filed under: Taxes

About the author: is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!

Related articles...

» Filing an Income Tax Extension
» How to Request an Income Tax Filing Extension
» 2007 Taxes Due on October 15th
» Income Tax Filing Extensions and Your Tax Rebate
» How to Request a State Income Tax Filing Extension
» How to Request a Tax Filing Extension
» Filing an Income Tax Extension and Buying Paper I Bonds
» Taxes Done, I-Bonds Requested

Was this article useful? Please sign up to receive our content via e-mail:

You will receive only the daily updates, and can unsubscribe at anytime.

One Response to “How to Request an IRS Income Tax Extension”

  1. 1
    san diego escort Says:

    Oh! this site has really nice & awesome information. Thanks

Leave a Reply

Disclaimer...
Because rates and offers from advertisers shown on this website change frequently, please visit referenced sites for current information. This website may be compensated by companies mentioned through advertising, affiliate programs or otherwise.

FiveCentNickel User Survey