What Is the Tax Extension Time Period?

 

Are you concerned that you won’t get all your documents together in time to file your return before the due date? Or maybe you just don’t have time to complete your taxes? Don’t worry; it can happen.

Luckily, the IRS allows taxpayers to request an extension. So, what is the tax extension time period? Once you’ve requested the extension, you automatically have an additional six months beyond the original filing deadline. That means your taxes are due on October 15.

To request an extension, you’ll need to submit IRS Tax Form 4868 before April 15 (July 15 in 2020). You can submit Form 4686 electronically by e-filing or by mail using the paper form. If you don’t need the entire tax extension time period to complete your return, simply file your return at any time in the six-month period.

If I Have a Tax Extension, How Long Do I Have to Pay My Taxes?

A common question for taxpayers filing a tax extension is how long they have to pay their tax balance. It’s important to understand that an extension only gives you more time to complete your return — it doesn’t give you more time to pay your taxes.

When submitting your request for an extension, be sure to include payment for any taxes due by the original tax due date to avoid interest or penalties.

Related Topics

Related Resources

The Complete Guide to the W-2 Form

The key to understanding your w-2 form is decoding the boxes and numbers. Learn how to read your w-2 form with this box-by-box infographic from H&R Block.

IRS Letter 2626C – Request for Additional Information

The IRS is requesting additional information from you. Learn more about letter 2626C and how to handle it with help from the tax experts at H&R Block.

The Credit for Other Dependents (Formerly Family Tax Credit)

Find out if you are eligible to claim the new credit for other dependents (formally called family tax credit) from the experts at H&R Block.

How to Receive an Additional Tax Extension for Your Return

Need more time to file your tax return? Learn how to receive a second tax extension with the experts at H&R Block.