Things for extension filers to keep in mind as they prepare to file [税金]
Many people requested an extension to file their tax return after the usual April deadline. These filers have until Oct. 16, 2023, to complete and file their tax return. The IRS suggests that those who already have the forms and information they need file now – there's no advantage to waiting until the deadline and filing now saves the worry that they may miss the deadline.
There are a few things extension filers should know as they get ready to file.
File by the deadline
Extension filers should file and pay any balance due by Monday, Oct.16, 2023.
Taxpayers get their refund faster by choosing direct deposit
Anyone due a refund should request direct deposit to get their tax refund electronically deposited into their financial account.
IRS offers payment options for taxpayers with a balance due
Those who owe taxes and can't pay their balance in full should pay as much as they can to reduce interest and penalties for late payment. The IRS has options for people who can't pay their taxes, including applying for a payment plan on IRS.gov. Taxpayers can view payment options or check their account balance online.
Extension filers should request missing or incorrect documents directly from employer or other payers
If a taxpayer is waiting to file because they're missing a form like a W-2 or 1099, they should contact their employer, payer or issuing agency and request a copy of the missing or corrected document. If they still can't get the forms, they may need to use Form 4852 as a substitute.
Taxpayers who didn't file in April and didn't request an extension should still file as soon as possible
Anyone who did not request an extension by this year's April 18 deadline should file and pay as soon as possible. This will stop additional interest and penalties from adding up. There is no penalty for filing a late return for people who are due a refund.
(Source of quote)
IRS Tax Tip 2023-92
There are a few things extension filers should know as they get ready to file.
File by the deadline
Extension filers should file and pay any balance due by Monday, Oct.16, 2023.
Taxpayers get their refund faster by choosing direct deposit
Anyone due a refund should request direct deposit to get their tax refund electronically deposited into their financial account.
IRS offers payment options for taxpayers with a balance due
Those who owe taxes and can't pay their balance in full should pay as much as they can to reduce interest and penalties for late payment. The IRS has options for people who can't pay their taxes, including applying for a payment plan on IRS.gov. Taxpayers can view payment options or check their account balance online.
Extension filers should request missing or incorrect documents directly from employer or other payers
If a taxpayer is waiting to file because they're missing a form like a W-2 or 1099, they should contact their employer, payer or issuing agency and request a copy of the missing or corrected document. If they still can't get the forms, they may need to use Form 4852 as a substitute.
Taxpayers who didn't file in April and didn't request an extension should still file as soon as possible
Anyone who did not request an extension by this year's April 18 deadline should file and pay as soon as possible. This will stop additional interest and penalties from adding up. There is no penalty for filing a late return for people who are due a refund.
(Source of quote)
IRS Tax Tip 2023-92
