![]() ![]() Remember, your tax extension is simply an extension of time to file your tax return, not an extension of time to pay your taxes. A tax extension is not an extension of time to pay your taxes.Įxtension or not, you still have to pay all the taxes you owe by May 17. You don’t need to sit around waiting for a letter from the IRS letting you know that your tax return has been extended. So as long as you’ve successfully filed your extension, you’re good to go. Note that while your extension form is technically a “request” for an extension, it’s a request that the IRS automatically grants without notice. So if your tax return is normally due on April 15, filing an extension would extend the due date to October 15.īut in 2021, the due date is May 17, but the extended due date is still October 15. ![]() ![]() A tax extension is an extension of time to file your tax return.Ī tax extension is a request you make to the IRS to give you an additional six months to file your federal tax return. Every year, I run into people who are confused on what a tax extension does and what it doesn’t, so here are the basics. ![]()
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June 2023
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