IRS Recommends ‘Easy Way’ to Extend Tax Filings by Six Months

The U.S. Internal Revenue Service (IRS) recommended taxpayers seeking to extend their tax-filing deadline to do so via the agency’s Free File service while warning that 2023 taxes must be paid off by the due date.

The deadline for filing 2023 taxes this tax season is April 15. Taxpayers can request a six-month delay to file, extending the deadline to Oct. 15. The IRS Free File program provides a “quick, easy way to file an extension,” the agency said in a press on March 21. “All individual filers can use the program software to request an extension … regardless of income. Taxpayers must estimate their tax liability and file by the deadline to receive the extension.”

“Although an extension grants extra time to file, it does not extend the obligation to pay taxes due on April 15, 2024. To avoid penalties and late fees, taxpayers who owe should pay either their full tax bill or at least what they can afford to pay by the April 15 deadline,” the IRS said.

Read Full Article Here
IRS by David Boeke is licensed under

Get latest news delivered daily!

We will send you breaking news right to your inbox