filing tax extention need help asap

[NYreefNoob]

as stated, need to know exactly what i need to do to file for a extentio, i know i am going to owe this year and really in need of help to try and avoid further cost

 

[Domboski]

I filed an extension and was directed to file the form (4868) located here: http://www.irs.gov/formspubs/article/0,,id=98155,00.html

 

[NYreefNoob]

yeah but it doesnt make sense to me and it is only a few lines to fill out so not sure and it ask about payment ect

 

[Domboski]

I had the same reaction as you but when I called that is where they directed me. I'm not a tax guy though so hopefully someone else will chime in.

 

[jhale]

I filed an extension, you HAVE to pay an estimated amount, it's sent along with form 4868 that Dom linked. I just sent the amount I paid last year. you have six months from now to file after you send the 4868 in.

this is where I sent mine from www.pay1040.com

hth's Rick.

 

[NYreefNoob]

ty
guess i better get this sent out

 

[crox99]

Let me know if I can help you. Send me a PM.

JP

 

[jayuws]

One more thing to add, I was in the same situation a few years back. I found out the hard way that it's cheaper in the long run if you send the IRS more than you think you owe. Otherwise you could have interest and other fees added to your balance. In my case my penalty for under payment was more than what I owed them.

 

[NYreefNoob]

dont think i can send them 4k and ty everyone it is taken care of

 

[bad coffee]

There's a "agreement to pay in installments" form somewhere that gets you out of paying all at once.

B

 

[crox99]

There's a "agreement to pay in installments" form somewhere that gets you out of paying all at once.

B

Only if you already filed a return you can setup an installment agreement with the IRS after they assess the amount due and FYI there no form for it but it's only a phone call away.