How to Get More Time for Tax Filing

TLDRLearn how to file for an extension and get more time for tax filing. Understand the requirements for using free file to prepare a return and how an extension to file is different from an extension to pay. Estimate your tax liability and pay the minimum amount to avoid penalties. Apply for an installment agreement if you can't afford to pay.

Key insights

📅April 15th is the federal income tax filing deadline

You can file for an extension to get more time

💼Know the requirements for using free file to prepare a return

💰An extension to file is different from an extension to pay

🔄Estimate your tax liability and pay the minimum to avoid penalties

Q&A

How can I file for an extension?

You can use tax software or IRS free file to electronically request an automatic extension.

Who can use free file to file for an extension?

Anyone at any income level can use free file to file for an extension.

Does an extension to file also extend the time to pay?

No, you still have to estimate your tax liability and pay by April 15th to avoid penalties.

How can I avoid the penalty?

Pay the minimum amount of your tax liability from last year to avoid the penalty.

What if I can't afford to pay?

File the extension and apply for an installment agreement online.

Timestamped Summary

00:08April 15th is the federal income tax filing deadline.

00:23You can file for an extension to get more time.

00:35Know the requirements for using free file to prepare a return.

00:46An extension to file is different from an extension to pay.

00:56Estimate your tax liability and pay the minimum to avoid penalties.