Summary
The IRS allows people to file an extension for their tax returns if they cannot meet the April 15 deadline. Filing an extension is free and gives an individual until October 15 to submit their tax return, but they must still pay any taxes owed by the original deadline to avoid penalties.
Key Facts
- The IRS tax filing deadline for most people is April 15.
- You can file a free extension online through the IRS, which moves the deadline to October 15.
- Filing an extension is automatic, but Form 4868 must be submitted by April 15.
- Extensions only delay the tax return filing, not the payment of any taxes owed.
- If taxes are not paid by April 15, you may incur penalties and interest, even with an extension.
- Filing through IRS Free File or Free Fillable Forms is free, but some private services might charge fees.
- Extensions do not carry a penalty if submitted by the deadline.
- Taxpayers living overseas and military members in combat zones might have different filing deadlines.
