Tax Extension (Form 4868)
Definition
A request for additional time to file your tax return, giving you until October 15 instead of April 15. Form 4868 grants an automatic 6-month extension to file—but not to pay. You must still estimate and pay any taxes owed by the original deadline to avoid penalties and interest. About 10-15 million taxpayers file extensions each year.
Example
If you're still gathering documents on April 10, you can file Form 4868, pay your estimated tax due, and have until October 15 to file your complete return.
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