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Frequently Asked Questions
You can either do this electronically or pick up the necessary forms at the IRS physical location to fill. You can file electronically and for free if you make less than $64,000.
According to IRS, there is no penalty for filing a late return after the tax deadline if a refund is due. However, failure to file will attract a penalty of is 5% of the unpaid taxes for each month or part of a month that a tax return is late.
To get an extension, visit this page. With this free service provided by the IRS, you can get an automatic six months filing extension on Form 4868. You must pay your outstanding debt and estimate your tax liability on this form. If you follow all the steps required and filled the form appropriately, you won't be subject to the late filing penalties. You can decide to file for an extension manually by filling Form 4868 on paper or consulting a tax preparer. Any method you feel comfortable with is acceptable as long as there are no mistakes.
