You will still owe any taxes due by your tax filing deadline. Most people who request an extension for filing their tax return have more complicated taxes than, say, Americans who receive a W-2 from their employer and a handful of forms for mortgage interest and student loan interest, so the extended time allows them to gather the necessary information and documentation to file an accurate return.īut importantly, the extension applies to filing the return only, not to the payment of the taxes. “The request form is automatic, so taxpayers do not need to wait for any sort of approval confirmation once the form is submitted,” said Nell Curtis, an accounting instructor at Milwaukee Area Technical College in Wisconsin. The official form to request an extension is Form 4868 and it is less than half a page long-and all extensions will be applied automatically. Taxpayers can complete the extension request form through the IRS Free File website.
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