Need Tax Filing Assistance Get Extra Time to Pay IRS Taxes with an IRS Extension of Time to File
Need Tax Filing Assistance Get Extra Time to Pay IRS Taxes with an IRS Extension of Time to File
Few know what an IRS extension of time to file is or how one can help them out. You can get an IRS filing extension, with a bit of tax filing assistance, should you not not have the ability to pay your taxes. When you absolutely cannot afford to pay federal taxes, an IRS filing extension can really help you out. With an IRS filing extension, you get many more months to manage your financial circumstances, prepare any documents, and seek federal income tax filing assistance if needed so you can pay IRS taxes.
Not Every Situation Calls for an IRS Extension of Time to File
The Internal Revenue Service might, on occasion, urge you not to request an IRS filing extension. The reason is that the Internal Revenue Service does provide some tax help. If any of the following applies, you will not need to acquire an IRS filing extension or tax filing assistance:
If you can't locate a certain file for your IRS tax return, there is no need for you to request an IRS extension of time to file. A bit of help is offered by the IRS in these cases, and they can remedy this type of oversight for you. If you are able to pay IRS taxes but are unable to track down a tax document, proceed to file your taxes or seek tax filing assistance instead of getting an IRS extension of time to file.
If you are able to pay IRS taxes, it's better to not ask for an IRS extension of time to file and just pay your federal income taxes. An IRS extension of time to file makes it too easy to procrastinate as far as paying income taxes or hiring IRS tax filing assistance. It's recommended to obtain income tax filing help before the initial due date or just go ahead and pay taxes. This way, you won't waste time and risk not having tax filing assistance or not making sure you pay your taxes. An IRS filing extension is only applicable in dire situations.
You should also not seek an IRS extension of time to file if you're under a court order to file your return by the usual due date or if you are looking for the Internal Revenue Service to calculate your tax. Your IRS filing extension will be turned down, even with tax filing assistance, and you'll be ordered to pay federal income taxes on time.
Eligibility for an IRS Extension of Time to File
Follow these steps to know if you qualify for an IRS extension of time to file.
Using whatever data you have available, make sure you appropriately estimate your tax liability for the year you are filing.
Enter your whole tax liability on the 4th line of Tax IRS Form 4868, Application for Automatic Extension of Time to File U.S Individual Income Tax Return.
Submit this form by the usual date of your return.
A reason as to why you're requesting an IRS extension of time to file your taxes is not necessary. If your request for an IRS extension of time to file your taxes is dismissed, the IRS will touch base with you. At that point, it is a good idea to seek federal income tax filing help to request an IRS filing extension on your taxes.