File Your Taxes by October 16th Even with an Extension
Don't Miss the April 18th Deadline
The deadline to file your taxes is April 18th, 2023. If you can't file by that date, you can file for an extension. However, it's important to note that an extension to file your taxes does not grant you an extension to pay your taxes. You should estimate and pay any taxes you owe by April 18th.
How to File for an Extension
You can file for an extension by mail or online. To file for an extension by mail, you need to complete Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. You can download the form from the IRS website or get a copy at your local IRS office.
To file for an extension online, you can use the IRS Free File program. The Free File program is a partnership between the IRS and tax software companies that allows you to file your taxes for free. You can access the Free File program through the IRS website.
What Happens if You Don't File for an Extension
If you don't file for an extension and you don't file your taxes by April 18th, you will be subject to penalties and interest. The penalties for late filing can be up to 25% of the taxes you owe. The interest on late payments is charged at the current federal short-term rate plus 3%.
Get Help with Your Taxes
If you need help with your taxes, you can contact the IRS at 1-800-829-1040. You can also get help from a tax preparer. Tax preparers can help you prepare your taxes and file them on time.
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