subject: What is an Automatic Tax Extension? [print this page] What is an Automatic Tax Extension? What is an Automatic Tax Extension?
When you file IRS Tax forms 4868, 7004, 8868 you will get automatic tax extension of time to file income tax returns. This is not an extension of time to pay your income tax returns. Individuals, Businesses, Partnerships, and certain Trusts can file IRS Tax Extension Forms to extend their Income Tax Returns Filing.
How do I know if I qualify for filing a tax extension?
Most people do. The IRS calls this an "Application for Automatic Extension of Time To File Certain Business Income Tax, Information and Other Returns." That's a wordy way of saying that the request is automatic, and that's because the IRS doesn't ask you for a reason for the extension. Most rejections are the result of spelling errors and typos.
If my tax extension is approved, does that mean I won't owe the IRS money in April?
No. Form 7004 is an IRS supplementary form to apply for an extension of time, not an extension to pay taxes. To extend the time to file taxes, you'll need to file Form 1138, which you can get from the IRS.
How long will it take to get approved?
Just a few days, we'll send you an email with the results as soon as we get them. If you get rejected, we'll tell you why and help you resolve the issue. Then you can come back here and resubmit.
I was approved, when is my extended tax return due?
For Corporations, multi-member LLCs and partnerships operating on the calendar year for tax purposes are given an extended tax deadline of September 15, 2011. Sole proprietorships and single-member LLCs are given an extended due date of October 15, 2011.
ExpressExtension.com provides you to file the extensions with low prices through Online.
Filing of tax returns for individuals, Businesses, Partnerships, and certain Trusts may be extended up to 6 months using Tax Extension. The extension is only to the time to file Income Tax Returns and not the payment of Tax. IRS allows you to file the tax returns within the period of extension using IRS Form 4868, 7004 and 8868.
ExpressExtension.com is one stop solution for any tax related queries and filing your tax extension at low prices.
