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A. JUSTIFICATION1. Explain the circumstances that make the collection of information necessary. Identify legal or administrative requirements that necessitate the collection of information. This is
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An extension is a formal request to the IRS to extend the deadline for filing certain tax forms.
Individuals or organizations who need more time to complete and file their tax returns.
To fill out an extension, taxpayers must complete Form 4868 for individuals or Form 7004 for businesses and submit it to the IRS by the original due date of the tax return.
The purpose of an extension is to provide taxpayers with additional time to gather necessary documentation and information to accurately complete their tax returns.
The extension form typically requires basic information such as name, address, Social Security number, estimated tax liability, and payment information.
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