How To File An IRS Form 1040 Extension?

Mary Kay Director filing her IRS Form 1040 extension jointly with her husbandDo You Need More Time to File Your Personal Taxes? Get more time to file with a tax extension. Tax Day is looming in the not so distant future, and you are running out of time. The deadline for filing your tax return is precisely one week from today!! April 17th is the deadline for filing your Federal Income Tax! Need more time? Here is how to file an IRS Form 1040 extension.

How To File An IRS Form 1040 Extension?

Maybe you don’t have the paperwork you need, or you could be struggling to balance everything on your plate, and you know you won’t have the time to prepare your tax return before the deadline. Well, fear not! If you are not ready to file your IRS Form 1040, you can file Federal Income Tax Extension Form 4868 to get a 6-month personal tax extension.

What is Form 4868?

IRS Form 4868 is an extension formally titled the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. If you submit your application to the IRS by midnight on April 17, 2018, you will receive an additional six months to file your tax return without incurring IRS penalties.

What You Will Need To File An Extension?

Smiling young Mary Kay Independent beauty consultant filing her IRS Form 1040 extension jointly with her husbandThe first thing you should know about filing an individual tax return extension is that “timely filing” rules apply. So you will need to e-file your forms by midnight on April 17th. If you file after this, the IRS will not accept your tax extension application.

Assuming you file on time, you will automatically receive six months to file your return to the IRS, and you will not subject to late-filing penalties. You will have until October 15th, 2018 to file your tax return.

To file for a tax return extension, you will need:
  • Your name and address
    • (Spouse’s name is filing jointly)
  • Your Social Security Number (SSN)
    • (Spouse’s SSN if filing jointly)
  • Estimated total tax liability for the 2017 tax year
  • Total 2017 tax withholdings and tax payments 
  • Estimated tax payment owed to the IRS (if any)

Remember that Form 4868 is an extension of time to file and not an extension of time to pay any owed taxes to the IRS. If you expect to owe any amount to the IRS, you will need to pay this amount when you file your tax return extension.

Where Can I File An IRS Form 1040 Extension?

Our sister product, ExpressExtension is an IRS-Authorized e-file provider with a simplified interview-style process. Their cloud-based software will allow you to apply and transmit your IRS Form 1040 extension safely and securely from any connected device.

Contrary to popular belief, filing for an IRS Form 1040 extension does not trigger an audit. Millions of Americans file for an extension on their tax returns every year. Apply for an automatic six-month extension and escape any late-filing penalties.

File Your Extension in Minutes

*Content found in the UnitWise blog is for informational purposes only. UnitWise is an independent business with no affiliation to Mary Kay®.


Popular Posts