Extension Filing
You can also get an automatic six-month extension by using IRS Form 4868, which will also require you to estimate your tax liability, based on the data available to you. In this case, though, you won’t have to make a payment immediately, but you will have to pay interest on your tax bill if you end up owing money.
What is 4868?
Filing a Form 4868 provides you with a six month extension for filing your tax returns. Given the fact that the last date for filing tax returns is 15TH of April, the extended date usually works out to be the 15th of October. However, you might get a few additional days if 15th April is a public holiday or weekends
Details Required for filing Form 4868?
Unlike most other things related to the filing of taxes and tax returns, Form 4868 can be a sign of relief with its simplicity. IRS asks for the following details:
Name of individual (spouse name also if married filing jointly)
Current address
Social security number
Estimated tax liability for the year in question
Sum total of all payments you have made towards the tax you owe to IRS
Outstanding tax amount
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