If you are in the process of filling out your federal taxes that are due April 15, 2014 and you are thinking you are going to need more time in filling it out then you should think about filing form 4868 extension form. Today, we are going to tell you all about the form and how you can e-file and buy yourself 6 more months to fill it out and submit your whole tax return.
Why do I need to file Form 4868?
You will need to fill out and submit form 4868 if you are not able to finish your federal tax return on time. This form will give you an automatic 6 extension to turn in your tax return. Please know that you are not able to also get an extension on any payments that need to be paid. You must fill out an estimate form to go with your form 4868 e-file that shows the IRS what you think you will owe. If you do not pay this total amount you will have to pay penalties and late fees, so you think you will have more time to pay with this extension please know that you will not and will be charged more money in the long run. The extension can be made with no questions asked, as long as you are filing the following federal returns, the Form 1040, Form 1040A, Form 1040EZ, form 1040NR, and form 1040NR-EZ.
Does everyone get a 6 month extension?
There are certain people who file a form 4868 that will have different due dates. One way to get a different amount of time to file your return using form 4868 is if you live outside of the United States and are out of the country when filling your return. You automatically get a two month extension on your taxes if this is the case, so if you fill out the form 4868 after your two months please know you will only get 4 months extra to file your federal return. So you do in total get 6 months to file your return but you do not have to file the form 4868 if you can get it done in the 2 months automatic time. You will also qualify for this if you are a family with a member of the armed forces and are out of the country on assignment.
Can I E-file my form 4868?
Yes, you can e-file your form 4868 very easily on Etax4868.com. We will help you with every step and the process should only take about a half hour to compete. You can even pay your estimated tax due right from our secure server using your major credit card or bank account. We offer step by step instructions and even a help video to help you through. If you have any questions we are also available 24 hours a day and 7 days a week to help you fill out your forms.