Life gets in the way, it’s a busy time of the year .. heck, life is busy!
No matter how busy we are, the IRS wants some sort of response.
The Automatic Extension
Here’s how to file your automatic extension for several different types of returns.
While we give you the link and the information to file an automatic extension … it’s pretty easy, be sure to make a rough estimate of your taxes – and if you owe pay an estimate with your extension. The penalties for under paying your taxes are pretty big and grow exponentially the longer you wait.
Assuming you just ran out of time or are missing a document, here are your links to the various automatic extension violence.
- Form 4868 – This for automatic extension of your Personal Tax Return aka 1040
- Form 7004 – This for automatic extension of your Trust Return – 1041 among others
By filing this extension you get until October 15, 2018 to file – but don’t wait till then let’s get this done sooner rather than later!
Have a Happy “Soon to be Filed” tax return day!
John A. Kvale CFA, CFP
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