Form 4868 - Application for Automatic Extension of Time To File Current Year Tax Return

Application for Automatic Extension of Time To File U.S. Individual Income Tax Return," is a federal tax form used by individuals to request an extension for filing their U.S. individual income tax return. The extension provides an additional six months, moving the filing deadline from the original date (usually April 15) to October 15.

Here are some key points about Form 4868:

  1. Extension Request: Form 4868 is used solely to request an extension of time to file, not an extension of time to pay any taxes owed. If you anticipate owing taxes, you are generally expected to estimate and pay the amount due when you file for the extension to avoid potential penalties and interest.

  2. Automatic Extension: The extension is usually granted automatically if the form is filed by the original due date of the tax return. It provides an additional six months for the taxpayer to gather necessary documentation and complete their tax return.

  3. Deadline: The extended deadline, with the additional six months, typically falls on October 15. Keep in mind that this extension is for filing the tax return, not for paying any taxes owed. Late payment may still result in penalties and interest.

  4. How to File: The form can be filed electronically or on paper. tax preparation software programs offer the option to submit Form 4868 electronically.

  5. Address for Mailing: If filing on paper, the form is generally mailed to the appropriate IRS address based on the taxpayer's state of residence. The instructions for Form 4868 provide the specific mailing addresses.