![]() ![]() Taxpayers are still required to estimate the amount of tax due and make a payment with the extension request if they owe taxes.Ħ. Estimated Tax Payments: It is important to note that filing Form 4868 only extends the time to file the tax return, not the time to pay any taxes owed. The form can be submitted electronically or through the mail, as per the taxpayer's preference.ĥ. This includes providing personal information, an estimate of total tax liability, any payments made, and the balance due. Filing Process: To request an automatic extension, taxpayers need to complete Form 4868 accurately. ![]() ![]() It provides an extension for both paper and electronic filing.Ĥ. Eligibility Criteria: All individuals, regardless of their occupation or source of income, are eligible to file IRS Form 4868. However, by filing IRS Form 4868, taxpayers gained an additional six months, making the new deadline October 17th, 2016.ģ. Filing Deadlines: The original filing deadline for individual income tax returns in 2023 was April 18th, due to the 15th falling on a weekend and Emancipation Day observed on the 17th. It grants an automatic extension for up to six months, moving the deadline from April 15th to October 15th.Ģ. Understanding the IRS Form 4868: The IRS Form 4868 is used by individuals who need more time to file their federal income tax return. Here are some relevant content points about the 2023 IRS Form 4868:ġ. The IRS Form 4868 is an Application for Automatic Extension of Time to File U.S. ![]()
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