| Joseph L. Benish, CPA, PC |
E-mail: joe_benish_cpa@yahoo.com
Extension Forms
- for individual income tax returns, form 1040
- does NOT extend the time for payment of tax - all taxes owed for the tax year are due
and payable to the United States Treasury by April 15th, if you are a calendar year taxpayer,
and generally most taxpayers are calendar year taxpayers (ie: you compute your income
tax based upon the period January 1 through December 31 - a calendar year)
- if you estimate that you will owe any taxes for your current year income tax return, you
should make a payment with your extension form
- failure to pay taxes owed by April 15th will mean that you will be subject to penaly and
interest charges on the amount of underpaid tax
- form 4868 - extension form to automatically extend your tax return from April 15th to October 15th
NOTE : THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY.
CONSULT WITH YOUR PERSONAL TAX ADVISOR PRIOR TO
USING THE ABOVE INFORMATION, AND PRIOR TO FILING
ANY EXTENSION FORMS WITH THE IRS.
- for individual income tax returns, form 1040
- does NOT extend the time for payment of tax - all taxes owed for the tax year are due
and payable to the United States Treasury by April 15th, if you are a calendar year taxpayer,
and generally most taxpayers are calendar year taxpayers (ie: you compute your income
tax based upon the period January 1 through December 31 - a calendar year)
- if you estimate that you will owe any taxes for your current year income tax return, you
should make a payment with your extension form
- failure to pay taxes owed by April 15th will mean that you will be subject to penaly and
interest charges on the amount of underpaid tax
- form 4868 - extension form to automatically extend your tax return from April 15th to October 15th
NOTE : THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY.
CONSULT WITH YOUR PERSONAL TAX ADVISOR PRIOR TO
USING THE ABOVE INFORMATION, AND PRIOR TO FILING
ANY EXTENSION FORMS WITH THE IRS.