I need to request extension for my tax liability. When I file extension using Form 4868, do I have to pay my entire tax extension balance due in full?
When you eventually file your return, be sure to show any payment you paid with the extension. You’ll receive a refund for any tax you overpaid.
Wondering if you can claim a deduction for prepaid property taxes? Read on to review IRS rules for this situation and why tax reform brought this topic to light.
You can file an extension for your taxes by filing Form 4868 with the IRS online or by mail. This must be done by the tax filing due date, typically April 15. Filing an extension for your taxes gives you an additional six months to prepare your return no matter the reason you need the extra time.
Learn more about notice CP05B, why you received it, and how to handle an IRS CP05B notice with help from the tax experts at H&R Block.
Received an IRS CP16 notice? Learn more about notice CP16 and how to handle it with help from the tax experts at H&R Block.