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Last Minutes Tax Filing Tips

If you're trying to beat the tax deadline, there are several options for last-minute help:

+Receive a six-month extension of time to file using Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return.

+Payment options are available to taxpayers having trouble paying their tax bill.

The filing extension will give you extra time to get the paperwork to the IRS, but it does not extend the time you have to pay any tax due. You will owe interest on any amounts not paid by the April deadline.

You can also e-file an extension request using tax preparation software on your own computer or by going to a tax preparer.

If your return is completed but you are unable to pay the tax due, do not request an extension. File your return on time and pay as much as you can. The IRS will send you a bill or notice for the balance due and will charge interest and penalties only on the unpaid balance.

For more information regarding extensions of time to file or installment agreements, including options for requesting an installment agreement online, visit the IRS Web site at IRS.gov.


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