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?
If you owe taxes and don’t pay the tax due by the April 15, 2019, you’ll owe interest. If you owe tax, you might also be charged underpayment penalties.
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.
If you have a tax balance that you can't pay right away, consider your payment options with us. Get tax answers at H&R Block.
Learn more about the IRA Tax Rules and if there will be an early distribution penalty from the experts at H&R Block.
Does your business have delinquent (unfiled) returns? Read the IRS definition and get more insight from the experts at H&R Block.
Filing taxes as a student comes with its own challenges. Recent tax reform changes possibly add new levels of complexity. Read on as our tax professionals outline potential changes college-bound filers could encounter.