Tax Extension Form
April 15 creeps up, but life has sent you in another direction. You will want a tax extension form. One way the I.R.S. has been customer friendly is the availability of the forms necessary to file income taxes. In the information age the idea of a form had changed to reflect that sometimes it’s paperless or on paper.
Procedures
To file for an automatic tax extension involves filing a six-month extension by April 15. In the past, a tax filer would file for a three-month automatic extension and than could ask for a second extension is there was cause. Several years ago six months became automatic. The first step is to find the forms and file for the extension.
Commonly Known
Stop by the post office prior to April 15. The post office has been the common pick up point for I.R.S, forms. There are others. The library also has copies and the internet has downloadable forms through I.R.S.com.
In addition, if you are a low-income individual who needs to file an extension, you can receive the form and assistance in filling out the form through VITA tax assistance centers. Frequently, the libraries post the locations and frequently are the location that these volunteers work to help file. You might not actually need to file the extension if the volunteers assist you with a simple form.
The downloadable forms are printable out and mailed with the estimated tax or filers can use some of the online filing options. The only problem with the internet and forms comes from the requirement of estimating the tax liability and paying the estimate. The filer processes the payment electronically.
E-file Options
Just as you can file income tax with e-file and extension is file able through e-file. You can use the online sites or the turbo-tax software. Through these sites, you file the estimated tax and pay for the tax liability with the assistance of a credit card or the aid of a bank routing number. The e-file option is than printed out so you will have a hard copy of your filing for you files. You might actually make use of the option of getting an electronic record to assist in the electronic filing of the income tax prior to October 15, 2010. Come October 15, 2010 the income tax will need filing or else there will be interest incurred.
Forms are now on and off paper. A filer can find the form or file electronically. The I.R.S. has made it convenient.