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 your original tax due date (usually April 15).

Remember, you must pay your taxes by the tax deadline 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.

Related Topics

Related Resources

Top Four Reasons to File an Amended Return

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.

Tax Lien Release

Get the facts from H&R Block about releasing a federal tax lien from your property after you've paid your IRS tax balance.

What is a W-4 Form?

Learn more about Form W-4 with a detailed definition from the experts at H&R Block. Find answers to the most common W-4 questions.

What to Do If You Can’t Pay Taxes

What happens if you can’t pay your taxes on time? Learn more about late payment penalties and installment agreements from the tax experts at H&R Block