The Fayetteville Observer

Here’s how to file for an extension on tax returns

- James Powel and Emily DeLetter Contributi­ng: John Egan, Ashley Barnett and Jenn Jones, USA TODAY

Sometimes, people just need more time, and there are options for those who could not meet the deadline for filing tax returns.

It is not recommende­d to delay filing with the IRS, however, circumstan­ces may impact a filer’s ability to meet the deadline.

An extension, if approved, provides filers a six-month grace period to file, though it does not provide an extension to pay. If a filer does not pay, they will face penalties and interest charges.

“Even if you cannot finish your tax return, make a payment. That can help reduce the penalties and interest,” said Larry Pon, a certified public accountant and tax professor at the College of San Mateo.

The deadline to file an extension is Monday.

The IRS says people may qualify for an extension and do not need to submit a request electronic­ally or on paper if they live in certain disaster areas.

For those granted an extension, their deadline to file a tax return is Oct. 15.

According to Intuit TurboTax, reasons a person might ask for an extension on their tax return include: Unexpected life events

● Incomplete documentat­ion

● Discoverin­g errors on a filing

● Running out of time

● Taxpayers can request an extension for free through the IRS.

Basic informatio­n will be needed, like name, address, Social Security number, estimated tax liability, and payment if a filer owes anything.

Regardless of income, individual tax filers can use IRS Free File to request an extension electronic­ally. Those who prefer to mail a paper version of the extension, called form 4868, should make sure it’s postmarked no later than Monday.

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