Otherwise, you might also have to pay penalties and interest on the taxes due. Simply subtract the total tax withheld from your paycheck and your estimated tax payments from the amount of tax you owe. If you miss the tax extension deadline, you may be subject to penalties and interest charges.
Using TurboTax Easy Extension to file a tax extension
- WASHINGTON — As the end of filing season approaches, the Internal Revenue Service reminds taxpayers who need more time to file that they should request an extension by the April 15 deadline.
- There are 3 ways to get until October 15 to file your tax return.
- To file a Delaware extension, print and mail Form PIT-EXT or file an extension online by April 30, 2025.
- TurboTax, a popular tax preparation software, provides an easy and convenient way to file for a tax extension online.
- The IRS may also send you a notice of the amount you owe, including any additional fees.
There is no fee to file for an extension, and doing so can save you from a “Failure-to-File” penalty. You always have the option to make a tax payment before filing your return. While you can file earlier, the deadline for filing your taxes is generally April 15. If you don’t file and pay your taxes by this deadline, you may be subject to penalties that can increase the taxes you owe. Wisconsin automatically grants a filing (not payment) extension if you filed a federal extension by April 15, 2025. Alternatively, you may e-file your return and pay any taxes owed through this dedicated TurboTax link, or pay online at MassTaxConnect.
This extends your filing deadline to October 15, 2025, However, if you owe, make sure to submit payment by April 15, 2025, to avoid penalties and interest. It’s important to remember, though, that a tax extension pushes back your deadline to file but not your deadline to pay whatever taxes you owe. That’s right—the IRS still expects you to pay your tax bill by Tax Day (which usually falls on April 15). If you don’t pay your tax bill on time, you’ll face penalties and additional interest on the unpaid amount.
TURBOTAX ONLINE/MOBILE OFFERS & PRICING
No matter what moves you made last year, TurboTax will make them count on your taxes. Whether you want to do your taxes yourself or have a TurboTax expert file for you, we’ll make sure you get every dollar you deserve and your biggest possible refund – guaranteed. On the final page, you’ll see a list of addresses where you can file your paper Form 4868. You must file a New York state extension (Form IT-370-PF) by April 15, 2025. The state of New York won’t accept a copy of federal Form 4868 in place of Form IT-370-PF.
For the nine states that do not impose a state income tax, you don’t even have to file an income tax return, let alone request an extension. Reach out to your state tax authority to confirm which steps you will need to follow. If you need more time to file your taxes, request an extension by the April tax filing due date.
Tax Extensions: Extension to File, Not Pay
If you owe, you will still need to submit payment by April 15, 2025 to avoid penalties and interest. A tax extension grants either an individual or business taxpayer additional time to file a tax return if they are unable to file by the annual due date. Generally, tax extensions grant you an exemption from filing a completed tax return for an additional six months after the original due date. West Virginia automatically grants a filing (not payment) extension to October 15, 2025 if you filed a federal extension by April 15, 2025, and don’t owe. However, if you owe, print and mail Form WV/4868 by April 15, 2025, and include a check for the tax due to avoid penalties and interest.
A tax extension is a way to obtain additional time with the Internal Revenue Service (IRS) to file your federal tax return. It essentially means you don’t have to complete your federal tax return by the regular due date, which is usually April 15 (unless this date falls on a weekend or holiday). Unlike IRS Form 4868, which applies to all taxpayers throughout the country, you must file the correct state-specific form to obtain the extension. TurboTax also offers TurboTax Easy Extension, an online tool that allows you to file extensions for both your federal and state tax returns.
Although the IRS doesn’t reject many extensions, it is possible that your extension request gets rejected. Most of the time, this is just due to incorrect information or typos, and the IRS gives you five days to fix the error(s) and resubmit your form that was timely e-filed but later rejected. Read on to learn what a tax extension means, how to get one, and how to use this extended tax deadline to your advantage. If you owe money and file a tax extension, you should pay the money you owe.
Filing a tax extension allows you to avoid late-filing penalties that file an extension for taxes turbotax can cost you more money. Ohio automatically grants a filing (not payment) extension to October 15, 2025 if you filed a federal extension. There’s no Ohio extension form, so include the federal Form 4868 with your Ohio tax return when filing. New Mexico automatically grants a filing (not payment) extension to October 15, 2025 if you filed a federal extension. The extension on an initial form RPD application is limited to 60 days. If you require more time, you can apply for an additional extension by printing and mailing another copy of the same form.
What happens if I file an extension and owe money?
The IRS may also send you a notice of the amount you owe, including any additional fees. You may get an automatic 2-month extension if you’re a U.S. citizen or resident alien and on the regular due date of your tax return, you’re living out of the country. You can also use TurboTax to make payments on your taxes even if you can afford to pay off only a portion of what you’re going to owe in taxes before filing for an extension. It’s a quick, easy, and free, and it only takes a few minutes of your time. If you owe, submit payment by April 15, 2025 to avoid penalties, either by including a check and Form D-400V when mailing Form D-410.
When estimating your tax liability, be sure to reduce your income by all exemptions and deductions you anticipate claiming. If you plan on using a tax credit, don’t forget to reduce the tax you owe by the amount of the credit. Before estimating your tax liability, be sure to reduce your income by all exemptions and deductions you anticipate claiming. You can then estimate the tax you owe by using the tax tables in the instructions to your tax return. TurboTax Easy Extension can help get the tax forms you need to file your state extension by mail. There are 3 ways to get until October 15 to file your tax return.
Subtract any payments you’ve made from your estimated tax bill to find the total balance you still need to pay. If you owe, make sure to submit payment by April 15, 2025 to avoid penalties and interest. There’s a lot of uncertainty about what the federal government has in store for income tax law beginning in 2026 (big changes could be coming).
To file a Vermont extension, print and mail Form IN-151 (or a copy of your federal 4868 extension forms) or apply via the myVTax website by April 15, 2025. However, if you owe, make sure to submit your payment by April 15, 2025 to avoid penalties and interest. Rhode Island automatically grants an extension to October 15, 2025, if you don’t owe and you file a federal extension. However, if you do owe, print and mail Form RI-4868 along with your payment by April 15, 2025, to avoid penalties and interest.
- You can create an account and get your tax extension in just a few minutes.
- Pass-through businesses must file their tax returns by March 15 of each year if they are a calendar year business, meaning they maintain a January 1 through December 31 fiscal year.
- There’s no Ohio extension form, so include the federal Form 4868 with your Ohio tax return when filing.
- However, if you owe, mail Form 760IP or submit your extension by May 1, 2025, along with your payment to avoid penalties.
- That means a tax extension may only apply to your federal return.
- Filing a tax extension will give you extra time to get your documents together and file your tax return, but how exactly do you get an extension?
If you are serving in a combat zone, you have until 180 days after you leave the combat zone to file and pay your taxes. Filing for a tax extension with TurboTax is a simple and convenient way to get more time to file your tax return. You can file for a tax extension in the same way you would file your tax return itself. Many people use tax software — but in some cases, you might choose to print out a form and mail it to the IRS.
South Carolina automatically grants a filing (not payment) extension to October 15, 2025, if you filed a federal extension and don’t owe. However, if you owe, either mail Form SC4868 with your payment or pay online via MyDORWAY by April 15, 2025, to avoid penalties and interest. 90% of any tax due must be paid by this date to avoid a late-payment penalty. To file a Delaware extension, print and mail Form PIT-EXT or file an extension online by April 30, 2025.
Filing an extension gives you until October 15, 2025 to file but doesn’t give you until then to pay. To file an extension, either fill out Form D-410 and mail it in, or submit an online extension, by April 15, 2025. You can either mail a check with your form or pay online at their Taxpayer Access Point.
However, if you owe, make sure to pay by April 15, 2025 to avoid penalties and interest. Maine automatically grants a filing (not payment) extension to October 15, 2025, for filers who don’t owe taxes. An additional two-month extension is allowed if submitted in writing prior to the end of the six-month period.