Its Easy (and maybe even free) To File An Extension!

If you have to file an extension because
«gasp!»
it’s April 14th  April 15th, you haven’t even started to sort though the shoebox containing your receipts, and the last time you downloaded a bank statement was July 2008, don’t panic.

File An Extension.

Here are some ways to file for that extension.

1. Mail in Form 4686 (available for download from the IRS). You can determine where to mail it by visiting this IRS webpage.

2.File it online by clicking on one of the following links:

TaxAct Online  (free)

Turbotax     (free)

File Online Tax Extension  (cost- $29.95 for personal extensions & $49.95 for businesses)

H&RBlock (Cost: $19.95)

CompleteTax Online Extension  (Cost: not sure)

If you are a single-member limited liability company or a sole propietor, you will be filing the exact same Form 4686. Your extension filing gives you 6 months to procrastinate until your tax return is due.

If you are filing an extension for a partnership, limited liability company filing as a partnership, or a corporation (including s-corporations), use Form 7004. Use File online Tax Extension (cost of $49.95) to file that form. If you are a business, you only get 5 months…

If you are unsure what form to file, I suggest you contact the IRS or your accountant.

Since we use Turbotax to do our taxes, I used their free service. It is free for everyone. Even if you don’t have an account.