The final day you can file your tax return with the IRS for 2022 is April 18, so if you need an extension you must file by then.
Many wait because they’re stressed or aren’t expecting a refund.
In addition to the regular stress of filing taxes, the process on its own is taking two to three times longer to happen.
If you find you aren’t going to have your taxes done in time, you can certainly file for an extension.
You can do this before April 18, 2022.
Many more Americans appear to be filing for extensions more than ever this year.
How to file for an extension with the IRS
You can file Form 4868 on or before April 18 of this year to get the extension.
If you owe, you need to have a proper estimate.
This then needs to be paid or you’ll be penalized for missing the deadline.
Just because you get an extension to file your taxes doesn’t give you an extension to pay taxes.
You could be penalized for paying your taxes late as well.
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