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 July 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.
Learn more about notice CP05, why you received it, and how to handle an IRS CP05 notice with help from the tax experts at H&R Block.
Learn whether the IRS can take your state tax refund to pay your federal taxes -- and what to do if you owe taxes and can't pay.
Learn how to find the status of your federal refund with help from the tax experts at H&R Block.
Learn more about form CP523, why you received it, and how to handle an IRS CP523 notice with help from the tax experts at H&R Block.