What Happens If You Miss the Tax Extension Deadline?
When you request a tax extension, you get an additional six months to get your return completed. If at all possible, get your return in by the tax extension due date of October 15, or at least as soon as possible thereafter. If you miss the tax extension deadline, you’ll incur penalties that are retroactive to the original tax due date of April 15.
Remember, you must pay your taxes by the tax deadline in April or you’ll incur penalties. The tax extension deadline only applies to filing taxes, not paying any tax due.
Need more time to pay your taxes? You can request to pay your taxes in installments with an IRS payment plan. While it’s best to pay your taxes on time, setting up an installment agreement can help reduce further penalties.
If you’ve received unemployment compensation or a state tax refund, you’ll receive Form 1099-G. Learn more about Form 1099-G and how it affects your taxes.
Need help deciding if you need to file an amended return (IRS Form 1040X)? Get the facts from the tax experts at H&R Block.
What do 2017 federal tax brackets and March Madness have in common? The Tax Institute Director Gil Charney weighs-in. Read more from H&R Block.
The IRS made a change to the Making Work Pay and/or Government Retiree Credit on your tax return. Learn more about IRS notice CP12M from H&R Block.