You are granted an automatic 6-month extension to file your income tax return. You do not need to file an application to obtain this automatic extension. However, this extension does not apply to the due date for paying your tax. You should file Form IL-505-I, Automatic Extension Payment for Individuals, to pay any tax you owe
in order to avoid penalty and interest on tax not paid by the original due date of your return, even if you plan to file your return after the original due date and during the automatic extension period. If you do not expect to owe tax, you do not have to do anything. Show
Answers others found helpfulIf you have additional inquiries, you may submit them to the Questions, Comments, or Request form. You can file an extension for your taxes by submitting Form 4868 with the IRS online or by mail. This must be done before the last day for filing taxes. Filing an extension for your taxes gives you additional months to prepare your return no matter the reason you need the extra time. What is a tax extension?When some taxpayers ask, “How do I get an extension for my taxes?” they might be thinking of the taxes owed and not the return itself. This question calls attention to a key distinction about what a tax extension is — and what it is not. An extension only gives you more time to finish the paperwork, not more time to pay. Your tax payment is due on the tax deadline, which typically falls on April 15 or on the next business day if it falls on a weekend or holiday.
Is there a penalty for filing for a tax extension?Filing a tax extension is not a bad thing. There is no penalty for filing an extension. However, not paying on time or enough, or failing to file altogether, may cost you.
After you file the extension, you’ll have until October 15 to gather your documents and finish your filing. When you complete your return, you should include the amount you’ve already paid in the payments section of your Form 1040. Can you file a tax extension online? What ways are there?Form 4868 is the IRS document you complete to receive an automatic extension to file your return. You can file a tax extension online in one of several ways with H&R Block. 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. Here’s how to get an extension on your taxes with H&R Block*
Don’t live in the United States? Find out how to file an extension when you’re living abroad from our Expat Tax Services team. * Fees may apply. Can I use TurboTax to file an extension?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.
Can TurboTax desktop file an extension electronically?Unfortunately, you cannot e-file an extension using TurboTax Desktop.
How much does TurboTax charge for an extension?Benefits of filing an extension
Filing a tax extension is free, easy and automatic: Just submit Form 4868 electronically or on paper by the filing deadline. TurboTax Easy Extension makes it easy.
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