{"id":962,"date":"2021-06-20T08:39:00","date_gmt":"2021-06-20T08:39:00","guid":{"rendered":"http:\/\/www.irstaxapp.com\/?p=962"},"modified":"2021-07-02T12:36:28","modified_gmt":"2021-07-02T12:36:28","slug":"how-to-file-a-tax-extension","status":"publish","type":"post","link":"https:\/\/www.irstaxapp.com\/how-to-file-a-tax-extension\/","title":{"rendered":"Tax extension IRS automatically give without filing Form 4868 if you do this"},"content":{"rendered":"\n<p>Six months <em>tax extension IRS<\/em> automatically grants you  if you file form 4868 with them either electronically or by manually by post. You can request for automatic extension of time only and not extension of time to pay. For filing Form 4868, you can use <a href=\"https:\/\/www.irstaxapp.com\/free-online-tax-filing-services-2020\/\">free file program<\/a> run by the IRS.<\/p>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background\"><strong>Tax extension deadline for 2021 is May 17, 2021 instead of 04\/15\/2021 for filing tax return for calendar year 2020 beginning 1st January 2020 on account of the COVID-19 pandemic. IRS also extended the deadline for Texas, Oklahoma and Louisiana residents to June 15. These extensions are automatic and applies to filing and payments.<\/strong><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6629612c2467a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6629612c2467a\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.irstaxapp.com\/how-to-file-a-tax-extension\/#How_to_get_automatic_extension_even_without_filing_form_4868\" title=\"How to get automatic extension even without filing form 4868 ?\">How to get automatic extension even without filing form 4868 ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.irstaxapp.com\/how-to-file-a-tax-extension\/#How_does_tax_extension_work\" title=\"How does tax extension work ?\">How does tax extension work ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.irstaxapp.com\/how-to-file-a-tax-extension\/#3_Ways_to_Request_for_Tax_Extension_Deadline\" title=\"3 Ways to Request&nbsp; for Tax Extension Deadline\">3 Ways to Request&nbsp; for Tax Extension Deadline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.irstaxapp.com\/how-to-file-a-tax-extension\/#Extra_two_months_for_USA_citizen_living_abroad_or_resident_alien\" title=\"Extra two months for USA citizen living abroad or resident alien\">Extra two months for USA citizen living abroad or resident alien<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.irstaxapp.com\/how-to-file-a-tax-extension\/#What_about_request_for_second_extension_for_filing_taxes\" title=\"What about request for second extension for filing taxes?\">What about request for second extension for filing taxes?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_automatic_extension_even_without_filing_form_4868\"><\/span>How to get automatic extension even without filing form 4868 ?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is possible ! IRS on the Form 4868 itself writes that if filing form in 4868 not needed if you make payment of estimated tax using their electronic payment options.<\/p>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><picture><source srcset=\"https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-600x178.webp 600w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-300x89.webp 300w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-768x228.webp 768w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-150x44.webp 150w,https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension.webp 1008w\" sizes=\"(max-width: 1008px) 100vw, 1008px\" type=\"image\/webp\"><img src=\"https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension.png\" height=\"299\" width=\"1008\" srcset=\"https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-600x178.png 600w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-300x89.png 300w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-768x228.png 768w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension-150x44.png 150w, https:\/\/www.irstaxapp.com\/wp-content\/uploads\/2021\/07\/automatic-extension.png 1008w\" sizes=\"(max-width: 1008px) 100vw, 1008px\" class=\"wp-image-4587 size-full sp-no-webp\" alt=\"\" decoding=\"async\" loading=\"lazy\"  > <\/picture><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-background\" style=\"background-color:#f6e0a2\"><strong><em>You don\u2019t need to file Form 4868 if you make a payment using our electronic payment options. The IRS will automatically process an extension of time to file when you pay part or all of your estimated income tax electronically. You can pay online or by phone.<\/em><\/strong><\/p>\n<\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_tax_extension_work\"><\/span>How does tax extension work ?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When you apply for tax extension IRS provides many benefits like :<\/p>\n\n\n\n<ol><li>Obvious benefit of getting six more months to file your tax return.<\/li><li>Six months  added to usual due date to file tax return is extended.Therefore , you will not suffer any <strong>penalty for failure to file tax return<\/strong> if you tax return by the date of extension (10\/17\/2021 for tax year 2020 for which due date was 05\/17\/2021 . Get an idea of quantum of\u00a0 your penal interest by using this <a href=\"https:\/\/www.irstaxapp.com\/failure-to-pay-file-penalty-calculator\/\">failure to file penalty calculator.<\/a><\/li><li>You also get m<strong>ore time to claim tax refund<\/strong> because , there&#8217;s a three-year deadline for receiving a refund . The time limit of 3 years is computed from\u00a0 original filing deadline (for example May 15, 2021, for the year 2020). But if you applied for filing extension, the limitations to claim refund\u00a0 is also extended by six months. Thus you be getting more time for refund claim<\/li><li>Self employed taxpayers get extra time for\u00a0 to fund a retirement plan because<strong> <\/strong>filing an extension provides self employed taxpayers with an extra six months  to fund a <a href=\"https:\/\/www.irstaxapp.com\/what-are-sep-ira-contribution-limits\/\">SEP-IRA<\/a>, solo 401(k) or SIMPLE-IRA plan for themselves<\/li><li>You also get extra time to re-characterize an IRA contribution. So you can turn your <a href=\"https:\/\/www.irstaxapp.com\/2020-roth-ira-contribution-limit-calculator\/\">traditional IRA contribution<\/a> into a Roth IRA, or a Roth IRA contribution into a traditional IRA contribution by the extended due time.<\/li><\/ol>\n\n\n\n<p>6. You also get extra time for many other tax compliance such as deciding whether to take a Section 179 deduction or claim depreciation on equipment or, and whether to carryback or forward any business losses. Once you get filing extension, you also get  extension to make those decisions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Ways_to_Request_for_Tax_Extension_Deadline\"><\/span>3 Ways to Request&nbsp; for Tax Extension Deadline<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol><li>First is the best way . Pay all or part of your estimated income tax due and indicate that the payment is for an extension of filing date . You will get automatic extension without the need to file Form 4868. <\/li><li>Second is to actually file Form 4868 electronically . For this , you can also use free file program or by seeking help of tax professional who uses e-file.<\/li><li>Lastly , you can file a paper\u00a0Form 4868 and enclose payment of your estimate of tax due.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Extra_two_months_for_USA_citizen_living_abroad_or_resident_alien\"><\/span>Extra two months for USA citizen living abroad or resident alien<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>US citizen or resident alien who are living abroad can <span class=\"inlinep\">get <strong>an automatic 2-month extension<\/strong> to file tax return and even to pay federal income tax and on the regular due date of your return<\/span>.Please read IRS  guide for people\u00a0<a href=\"https:\/\/www.irs.gov\/publications\/p54\/ch01.html\" target=\"_blank\" rel=\"noopener\">\u00a0Living outside the United States<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_about_request_for_second_extension_for_filing_taxes\"><\/span>What about request for second extension for filing taxes?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The practice of granting second extension was stopped after tax year 2005 . At that point of time ,usual extension was for four months only and there was a chance to get further two months extension .But now you get six months initial tax extension by filing form 4868 so , no second extension can be obtained under IRC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If for any reason you estimate that you will not be able to file tax return by due date, it is prudent to apply for extension of filing date in tax extension Form 4848 <\/p>\n","protected":false},"author":1,"featured_media":4588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[54,42,7],"tags":[130],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/962"}],"collection":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/comments?post=962"}],"version-history":[{"count":0,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media\/4588"}],"wp:attachment":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media?parent=962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/categories?post=962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/tags?post=962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}