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How to fill out income tax preparation extension
How to fill out income tax preparation extension
01
Obtain Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return.
02
Fill out the necessary personal information such as name, address, social security number, and estimated tax liability.
03
Calculate the total amount of tax owed and any payments already made.
04
Check the appropriate box if you have paid at least 90% of the tax due to avoid penalties.
05
Sign and date the form before submitting it to the IRS by the original filing deadline.
Who needs income tax preparation extension?
01
Individuals who require additional time to complete their income tax return accurately.
02
Taxpayers who anticipate owing taxes but need extra time to gather the necessary documentation.
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