Filing A Tax Extension: Don’t Pay Someone, Do It For Free.
You may start seeing services offering to help you extend the IRS tax date of April 15th, giving you more time to file your taxes. Some of these companies will actually charge you a fee… for something you can do on your own for free. For individual filers, if you are not able to file your federal individual income tax return by the due date, you may be able to get an automatic 6-month extension of time to file. To do so, you must file Form 4868, Application for Automatic Extension of Time To File U.S. Income Tax Return by the due date for filing your calendar year return (usually April 15) or fiscal year return. For details on filing extensions with special circumstances (military, out of the country, etc), check out the IRS page dedicated to these extensions. But please, don’t pay a company to do it for you – it’s free and available to most everyone.
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Hi David- yes, you can file one for free yourself…but you can also file your taxes yourself for free or fix your car for free. These days people want convenience – especially when it comes to taxes. Also, if you use a professional service, you are guaranteed to get a response from the IRS and can re-file if your request was rejected. If, on the other hand, you choose to send the IRS your request through the mail, you will never hear anything. That means it may never get to the IRS or it could be rejected. That will mean you’re accumulating late filing penalties without even knowing it.
An extension requires a single form, it’s pretty easy to do yourself.
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