When you need extra time to finish your federal tax return, you can file for an extension of time to file with the IRS. Keep in mind that while filing an extension allows you extra time to submit your return, it does not extend the time to pay any taxes owed.
TaxSlayer can help you submit an extension quickly and easily.
How to file an extension with TaxSlayer
First, create an account with TaxSlayer and start a tax return. If you have already created an account, simply log in and access your return for the current year.
Next, fill out your personal information for yourself, your spouse (if you are filing jointly), and any qualifying dependents you may have.
Select Federal on the main menu. Then, select Miscellaneous Forms from the options listed. Finally, select Form 4868 Application for Automatic Extension of Time to File.
You’ll be asked to provide the following information on your extension request form:
- Taxpayer name and address
- Taxpayer Social Security number (SSN)
- Spouse’s SSN (if filing as married)
- Estimated tax liability
- Total taxes paid, including quarterly payments, withholding taxes, and the payment amount you are sending with your extension
Once you have completed filling out Form 4868, you can file it electronically with TaxSlayer just like you would with a regular tax return.
Is a TaxSlayer tax extension free?
Yes, filing a tax extension with TaxSlayer is free. You should get an acknowledgment within 24-48 hours noting whether the IRS has accepted or rejected your application for an extension.
When to file an extension with TaxSlayer
We encourage you to file an extension as soon as you know you need one. But the deadline to submit your extension is by Tax Day, which typically falls on April 15. Requesting an extension gives you an extra six months to file your tax return. The extended deadline is October 15th. If that day falls on a weekend or a federal holiday, the deadline may be extended to the next business day.
How to pay your tax bill when you file an extension with TaxSlayer
Once you’ve filed your extension, you can pay your income taxes directly from your bank account with electronic withdrawal, by credit card, or by printing out the form and mailing a check or money order to the IRS.
Requesting an extension extends your filing deadline, it does not extend your tax bill due date. If you can’t pay your tax bill in full, there are options available to help you manage your payment. You still need to plan to pay your tax bill by April 15 to avoid interest and penalties.
