
About 1 in 5 taxpayers wait till the final week earlier than the deadline to file their return, in response to information from the IRS and tax-preparation TurboTax. Don’t freak in the event you haven’t filed your taxes but. “All taxpayers can get an additional six months to file their taxes just by asking for an extension utilizing Kind 4868. You possibly can even file your extension request on-line utilizing free software program instruments supplied by way of IRS Free File,” stated Jeff Reeves at USA At present. Simply remember the fact that you might want to pay the estimated tax invoice even in the event you file an extension, or you’ll be charged a failure-to-pay penalty. (usatoday.com)