Why You Need IRS Form 4868 Right Now

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Why? When April 15 falls on a weekend, the filing deadline is scheduled for the following Monday, unless that Monday happens to be a holiday.

The IRS projects almost 2.03 million Louisiana residents will file individual income tax returns for 2016, compared to the almost 2.01 million who filed in 2015.

To request an extension to October 16, taxpayers can go to IRS.gov/forms-pubs and download Form 4868.

"The interest runs until you pay the tax".

To be on the safe side, though, it's recommended that if you're not filing your federal return by April 18, then you should file for an extension using Form 4868 for two reasons: First, Ohio doesn't have a grace period, even if you're owed a state refund. Keep reading to learn how tax extensions work and what you need to do in order to file one. You must get the erroneous information, which was copied to the IRS, corrected or risk the tax agency asking questions about your return. People affected by certain natural disasters can automatically get more time as well (check the list of qualifying disasters here). As of Thursday, 4,583 people had filed their income taxes through the Capital Area United Way 's Volunteer Income Tax Assistance program.

In reality, next Tuesday isn't really the filing deadline for the 73 percent of filers who get a refund.

"For this tax season, it's more important than ever for taxpayers to plan ahead", he said in December. For example, many investors don't receive their K-1s, which are statements of income from partnerships, until after April.

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Fill out Form 8888 and the IRS will directly deposit your refund into as many as three accounts of your choosing.

Credit Karma offers many free services, such as free credit scores. The accounts must be able to accept direct deposit, and the name on the accounts must be yours, your spouse's or both.

No need for despair - there are some things you can do. In fact, finding a local one to comment for this article was hard mere days before the filing deadline.

The fraudsters tell potential victims that they owe the IRS money and must pay it promptly through a prepaid debit card, gift card or wire transfer.

Do-It-Yourself tax filers often must sign and validate e-filed tax returns by entering the prior-year amount. But you can put off filing your return - and avoid that penalty - by filing Form 4868, "Application for Automatic Extension of Time to File U.S. Individual Income Tax Return".

You can file for a six-month extension if you need more time, but there is no extension for paying your tax bill.

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