About 1 in 5 taxpayers wait till the final week earlier than the deadline to file their return, in keeping with information from the IRS and tax-preparation TurboTax. Don’t freak should you haven’t filed your taxes but. “All taxpayers can get an additional six months to file their taxes just by asking for an extension utilizing Type 4868. You possibly can even file your extension request on-line utilizing free software program instruments offered by means of IRS Free File,” stated Jeff Reeves at USA At this time. Simply take into account that it’s essential to pay the estimated tax invoice even should you file an extension, or you’ll be charged a failure-to-pay penalty. (usatoday.com)
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