Extend Personal Tax Return 1040 Deadline now

 

Nearing the 1040 tax form submission, most individuals and sole proprietors in the United States are in the hustle to complete and file the form on time. Because failing to file it on time can lead to huge IRS penalties and interest.  However, there are times where taxpayers cannot file on time and seek an extension for filing their 1040. Here is a solution for learning about how to extend personal tax return Form
1040 deadline. 


  1. What is Form 4868?

  2. Who should file form 4868?

  3. Has the 4868 tax deadline for 2021 been extended?

  4. How to file 1040 Extension?

  5. How ExpressExtension helps taxpayers to file Form 4868 easily?


What is Form 4868?

IRS Form 4868 is an official request that any individual in the U.S. can use to get a 6 month automatic extension of time to file individual income tax returns 1040 after the due date.


Note: Filing the extension Form 4868 will only extend the time to file federal tax return and NOT the time to pay federal tax due. Taxpayers must pay tax due by the regular due date to avoid IRS penalties.


Who Should File Form 4868?


Form 4868 is for individual taxpayers, and not corporations or other businesses. This includes:

  • Federal Income Tax Return Filers

  • 1099 Independent Contractors

  • Sole Proprietorships (Schedule C)

  • Single-Member LLCs

  • Form 1040-SS

Has the 4868 tax deadline for 2021 been extended?


Yes. The Treasury Department and Internal Revenue Service has recently extended the federal income tax filing due date for individuals from April 15, 2021, to May 15, 2021. 


If the form 4868 due date falls on Saturday, Sunday, or any legal holidays, then the due date will be the next business day (May 17, 2021). Therefore, Taxpayers must e-file 4868 by May 17, 2021, to get an extension up to  October 15, 2021.


How To File Form 1040 Extension?


Taxpayers can file 1040 Extension either through paper or electronic filing method.

If Taxpayer chooses to paper file the 1040 extension, they need to download Form 4868 from the IRS website, fill in the required details, and then send it to the IRS address mentioned here. However, the IRS encourages individuals to E-File form 4868 for a quick processing and also to know the status of submitted forms instantly. Hence, choose an electronic filing method for secure, quick, and more accurate filing.

How ExpressExtension helps Taxpayers to E-file Form 4868?


Did you know? Failure-to-file penalties generally cost more than failure-to-pay penalties, so if Taxpayer needs more filing time to prepare and file a federal tax return, get started with an IRS-authorized provider like ExpressExtension. Express Extension is a leading IRS-authorized e-file provider of tax extension forms. ExpressExtension provides step by step instructions to complete and file Form 4868 electronically.

 Here’s how:

  • Step 1: Choose the extension type (Either individual or joint filing) 

  • Step 2: Enter personal details such as Name, Address, SSN

  • Step 3: Enter tax payment details if you owe any taxes

  • Step 4: Review Form

  • Step 5: Transmit Form 4868 to the IRS.

Once Taxpayer transmits the return, they will get instant approval from the IRS. In case, the submitted return is rejected by the IRS due to any errors, filers can fix the error and retransmit it at no additional cost with ExpressExtension.

To know more about form 4868 Electronic Filing, Click Here: https://www.expressextension.com/personaltaxextensions/efile-4868/

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