File an Extension

File an Extension

To request extra time to complete one's tax return for a year. It is common to file an extension if one does not gather all relevant information or complete all forms by the deadline. For example, one may file an extension on one's federal taxes from April 15 to October 15.
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As practitioners throughout the United States reflect on tax season 2017, the last detail they might consider is whether more clients should be encouraged to file an extension.
Even if you didn't file an extension, you have plenty of time to file if the IRS owes you a refund.
A reputable preparer will ask to see a taxpayers records and receipts and can help file an extension to give the taxpayer time to collect any missing documents.
For example, an individual taxpayer who is eager to file by April 15 because he is expecting a refund may want to file an extension to October 15, which may allow him to correct any errors made on the original return by use of a superseding return.
For future years, taxpayers who receive PTC and elected in the prior year to receive a portion of their PTC to reduce their monthly medical insurance payments will need to either file their return by April 15 or at least file an extension by April 15.
Still, Gregory conceded that she didn't have a very good alibi for needing to file an extension on paying her taxes.
File an extension by Friday, cautioned IRS spokesman Victor Omelczenko, and then debate the details later.
CompleteTax([R])online tax preparation software can help taxpayers beat the fast-approaching income tax filing deadline or show them how simple it is to file an extension.
com/get-bigger-tax-refund-2016-claiming-these-credits-deductions-2210356) maximizing your deductions , you can file an extension online through the IRS Direct Payment site as long as you can pay some amount toward your bill.
In December 1999, the accountants advised the client of the built-in gains tax liability and for other reasons recommended that the client file an extension of time to file taxes (Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns).
The Company also announced that as a result of its financial misstatements, Fuqi will delay the release of its final fourth quarter and year-end 2009 financial results, and will also file an extension for the filing of its Form 10-K for 2009.
If you miss the deadline and don't file an extension request, you'll receive a penalty ofA 5 percent of the tax owed (http://www.