File Tax Extension 2022


People who need more time should go straightforward to file an extension. You can e-file that for free.

You have to fill out Form 4868 in order to file for an extension.

When you are filing for an extension one important thing you should know is that it's not an extension to pay.

If you get late for filing you will charge around a penalty at 5% rate of unpaid taxes for each month. This caps out at 25% of unpaid taxes.

After you filed for an extension it will give you to send your tax return to the IRS until October 17, 2022.

For extension, you'll need to fill out form 4868 that asks for basic information and how much you owe in taxes.

You no need to file with IRS for an extension, if your area comes within the federally declared disaster area. It will automatically extend.

For people who have done filing on time but just say forget or failed to pay on time, you will have to pay a penalty of 0.5% of unpaid taxes per month, with a cap of 25% of the unpaid taxes.