While you won’t be filling out the paper Form 4868 line-by-line, your tax extension information will be sent online to the IRS. You can file a tax extension online in one of several ways with H&R Block. Can you file a tax extension online? What ways are there?įorm 4868 is the IRS document you complete to receive an automatic extension to file your return. When you complete your return, you should include the amount you’ve already paid in the payments section of your Form 1040. The penalty is usually 5% of the amount you owe for each month, up to a maximum of 25%.Īfter you file the extension, you’ll have until October 15 to gather your documents and finish your filing. If you don’t file either your return or Form 4868 by the tax filing deadline, you’ll be subject to a late filing penalty.The penalty is usually half of 1% of the amount owed for each month, up to a maximum of 25%. If you don’t pay at least 90% of the amount you owe, you might also be subject to a late payment penalty.
0 Comments
Leave a Reply. |