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Top Updated for Tax Year 2022 • November 17, 2022 01:14 PM OVERVIEW If you aren't able to complete your federal tax return by the filing deadline, find out how and when to file for an IRS extension with these tips from TurboTax. For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Need more time to file your 2022 tax return?Before filing for an IRS tax extension, make sure it’s right for you. Here are a few common reasons why you may need to push your deadline back:
If you find yourself unable to complete your 2022 federal tax return by the tax deadline, you’ll first need to file an extension with the IRS to avoid potential late-filing penalties. Filing an extension will allow you to push your deadline to October 16, 2023. It’s important to keep in mind an extension only pushes back the due date for the filing of your tax documents. It does not give you extra time to pay any taxes you may owe. If you believe you will owe money this year, you’ll need to estimate the amount after filing for an extension and make a payment by the April filing deadline. Easy options for filing an extensionOption 1: E-file your federal tax extension in minutes with TurboTax Easy Extension Using TurboTax Easy Extension, you can:
Note: Once your extension is approved, you’ll have until October 16, 2023 to file your return. If you’re expecting a refund, it will not be processed until once you have completed your tax filing. If you think you owe, the estimated amount of taxes due will need to be paid to the IRS by the April tax return filing due date. Option 2: Print and mail your completed IRS extension form If you’d rather mail your extension directly to the IRS, simply refer to IRS Form 4868: Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, complete and print the form, and send it to the IRS address for your state. If you owe federal taxes, include your estimated payment with your Form 4868 and mail it—postmarked by April 18, 2023 to avoid any penalties or interest. Then complete and file your return on or before October 16, 2023. Do you need to request a state tax extension?State tax extension guidelines vary. To see detailed information about state extension filing deadlines and mailing addresses, select your state of interest from this state tax authority's website. Remember, TurboTax Easy Extension can help you access the tax forms you need to file your state extension by mail. Need to use a credit card to pay taxes owed?If you've e-filed or mailed Form 4868 and need to pay by credit card, you can use one of several IRS approved Electronic Payment Methods. You can pay with your debit or credit card online or by phone. File your complete return by October 16, 2023. Cautions
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The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business. Where do I enter extension on TurboTax?Click on 2022 Estimated Payments. Scroll down to the Paid with Extension (not later than April 15, 2022) section. Enter the amount in Amount paid. (Note: amounts entered in the Amount paid (memo) field will not flow to the tax return.)
Can TurboTax software file an extension electronically?Using TurboTax Easy Extension, you can: E-file your federal extension. Make a payment of any tax due directly from your checking or savings account. Print a PDF copy of your e-filed extension.
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