1. Determine if you qualify for an extension. You may qualify for an extension if you meet one of the following criteria:
You cannot pay your full tax liability by the due date.
You expect to receive a refund when you file your tax return.
You are experiencing a financial hardship.
2. Complete Form 4868. Use Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return, to file for an extension. You can download the form from the IRS website or pick it up at an IRS office.
3. Estimate your tax liability. You will need to estimate your tax liability for the year in order to calculate the amount of your extension payment. Use the instructions on Form 4868 to help you make this calculation.
4. Make your extension payment. You must pay at least 90% of your estimated tax liability by the due date of your return. You can make your payment online, by mail, or through a tax professional.
5. File Form 4868 by the due date of your return. The due date for filing Form 4868 is the same as the due date for filing your tax return. If you file your return electronically, you have until October 15th to file Form 4868.
6. File your tax return by the extended due date. The extended due date for filing your tax return is six months after the original due date. This means that if your original due date is April 15th, your extended due date is October 15th.
Additional information:
If you are filing for an extension for the first time, you may be able to use the IRS's Free File program. This program allows you to file your tax return electronically for free. If you are experiencing a financial hardship, you may be able to get an additional extension of time to file your tax return. You will need to contact the IRS to request this extension. If you do not file your tax return by the extended due date, you will be subject to penalties and interest
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