How to Get a Tax Extension for Your 2023 Taxes in 2024

Wednesday, 13 March 2024, 15:00

Learn how to easily obtain a tax extension for your 2023 taxes due in 2024. Discover the benefits and important considerations when filing for an extension. Make informed decisions to manage your tax obligations wisely.
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How to Get a Tax Extension for Your 2023 Taxes in 2024

What You Need to Know

A tax extension offers an additional six months to file your tax return, but not to pay any outstanding taxes owed to the IRS.

How to Request an Extension

  • File IRS Form 4868
  • Electronically file with tax software
  • Pay estimated income tax due for extension

State Taxes

Some states require separate extension filing; verify rules with your state's tax authority.

Is It the Right Move?

  • A tax extension can provide more time for filing, but not for tax payments.
  • Filing an extension ensures timely IRS submission, even if you can't pay the full amount owed.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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