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Filing your taxes late may result in a penalty or interest, and, even if you do request an extension, you'll still need to pay the taxes you owe by the April 15 deadline, and should estimate how ...
Failure to pay: If you file a return by the deadline but fail to pay taxes you owe, or if you get an extension and leave a balance unpaid, you typically face a much smaller monthly penalty of 0.5% ...
Taxpayers who fail to file their taxes or request an extension by April 15 may be subject to the failure-to-file penalty, according to the IRS, unless there's a reasonable cause.
Here are a few ways to request an extension to file your taxes from the IRS: ... making a tax payment. Automatic extension. 1. E-File an Extension Form ... number if filed electronically or a ...
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If you find yourself needing an extension, the IRS allows a six-month extension for taxpayers to file by Oct. 17, 2022. The extension also helps you avoid penalties and interest that come with ...