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The filing deadline to submit your 2021 tax return is April 18, 2022, but you can still request an extension if you need extra time to do your taxes. See: Tax Breaks for Filers over 50 Find: The...
Using your online tax software, or the Free File program offered by the IRS, obtain and fill out IRS extension Form 4868: Application for Automatic Extension of Time to File U.S. Individual Income ...
Ken & Klee's income tax bulletin board — The Form 4868 cited above gives a taxpayer until Tuesday, October 16, 2024 to file their income tax return. The late filing and late payment penalty is 5 ...
Considering whether to file an extension for the 2010 tax year with Form 4868. An automatic extension until October 15 to file Form 1040 can be obtained by filing Form 4868. There is a penalty for not filing a tax return by April 15 that depends on whether the individual got a filing extension and the amount of unpaid taxes.
A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.
The April 18 tax deadline is rapidly approaching -- and if you've procrastinated filing, you're likely feeling the crunch. If you don't think you'll be able to make the deadline, you do have the
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