Due to the COVID-19 pandemic, the federal government extended this year’s federal income tax filing deadline from April 15, 2021, to May 17, 2021. In addition the IRS further extended the deadline for Texas, Oklahoma and Louisiana residents to June 15. These extensions are automatic and applies to filing and payments.
When can I file an extension for 2019 taxes?
Due to COVID-19, the original filing deadline and tax payment due date for 2019 was postponed from April 15 to July 15. The IRS reminds taxpayers filing Form 1040 series returns that they must file Form 4868 by July 15 to obtain the automatic extension to Oct. 15.
What does Form 4868 do for the IRS?
Form 4868 is known as the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. When you complete the form, the IRS will automatically grant you a six-month tax extension (some businesses only get a five-month extension). That means you’ll have until October to file your federal income tax return (the
When do I need to file an extension for Form 4868?
If you want an automatic tax extension, you’ll have to plan for it in advance. Form 4868 is due every year on Tax Day. Once the April filing deadline passes, you won’t be able to file for an extension. Even if the IRS receives your 4868 tax form by the tax deadline, you’re still expected to pay any taxes you owe by May 17, 2021.
Can you skip filling out IRS Form 4868?
The IRS will also allow you to skip filling out a 4868 form entirely if you pay all or part of your estimated income tax due online or by phone using Direct Pay, EFTPS, or a credit or debit card and indicate that the payment is for an extension. It will provide confirmation of the extension if you take this route. 8
Do you have to include your Social Security number on Form 4868?
If you’re married and you’re filing a joint tax return, you’ll need to include your spouse’s Social Security number as well. Whoever’s name will appear first on the income tax return must appear first on Form 4868.
