Tuesday, March 30, 2010

Form 4868: Your Ticket to an Automation Tax Extention

If you are not able to file your taxes by April 15th, file IRS Form 4868, Application for Automatic Extension of Time to File.

For Form 4868 to be valid, you must:
  1. File by April 15th.
  2. Estimate your tax liability with information you already have.
If you are out of the country on April 15th, you have until June 15th to file your extension.

Form 4868 is an extension of time to file, not an extention of time to pay. Interest, late payment, and late filing penalties still apply.

I published an in-depth article on this subject on HubPages. You can read the article here.

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