The Apr. 18 tax filing deadline is fast approaching. If you haven't filed your taxes for the 2021 tax year yet and aren't sure you'll be able to complete them in time, you still have time to file an extension. Show People file tax extensions for many reasons. Whether you're missing the right tax documents, are grappling with a family emergency or simply lost track of time, anyone can file an extension until Oct. 15, 2021. However, filing an extension is a process. If your tax documents are sitting there, waiting to be filed, the easiest thing to do may still be to bite the bullet and file. Tax prep programs such as TurboTax and H&R Block offer live chat and phone support that can help you address any lingering, last-minute questions that are causing your taxes to loom large and fill you with dread. But if knocking out your taxes before the deadline isn't possible, Select details what you need to know about filing a tax extension with the IRS. How to file a tax extensionIf you're filing an extension, you'll need to submit IRS Form 4868 electronically by the tax deadline. You can use Free File to electronically request an automatic tax-filing extension or print the form and mail it to the IRS address for your state, making sure it's postmarked with adequate postage by Apr. 18. Using the Form 4868, taxpayers filing an extension must estimate their tax liability, or the amount of taxes they owe on their 2021 income. On Part II of the form, you'll enter your expected tax liability, rounding to the nearest dollar, using the tax rate category you're expected to fall under. Remember that everyone must pay the taxes they owe by Apr. 18, even if they are filing an extension. Failure to do so will likely result in interest fees and/or late payment penalties, which can make this whole tax season even more expensive. Filing an extension electronically through one of the major online tax filing programs, such as TurboTax Extension, can help you better estimate your tax liability and avoid surprise fees from the IRS. Can I file a state extension?The rules vary from state to state. Since each state has its own tax-filing extension rules, check your state's tax agency website before assuming you're in the clear. The best tax filing programsTurboTaxOn TurboTax's secure site
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*Click here for TurboTax offer details and disclosures **A simple tax return is Form 1040 only. TaxAct
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H&R BlockOn H&R Block's secure site
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Cost breakdown by plan: 20% off DIY online tax filing - offer ends April 18, 2022
Read moreEditorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party. Can I file an extension electronically with TurboTax?TurboTax EasyExtension is a simple, online tool that allows you to file a tax extension in minutes. Try it here. Heads up - filing Form 4868 only provides you with an extension of time to file. You must still pay 100% of the tax you owe by the original filing deadline to avoid interest and late-payment penalties.
How do I file a tax extension 2022 on TurboTax?Here are some tips to help walk you through what you need to do when filing state taxes in your area:. Step 1: Check-in with your state tax authority. ... . Step 2: File the appropriate state tax form. ... . Step 3: Pay any estimated taxes by the original due date of the return. ... . Step 4: Submit your return by the extension deadline.. Where do I enter an extension on TurboTax?Follow these steps to enter an amount paid with the extension:. Go to the Input Return tab.. On the left-side menu, select Payments, Penalties & Extensions.. Click on 2022 Estimated Payments.. Scroll down to the Paid with Extension (not later than April 15, 2022) section.. Enter the amount in Amount paid.. Is filing an extension free on TurboTax?TurboTax® Easy Tax Extension, File a Free IRS Tax Extension for Federal Taxes.
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