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What is extension program?
An extension program is a process that allows taxpayers to request additional time to file their tax returns beyond the original deadline.
Who is required to file extension program?
Any taxpayer who cannot file their tax return by the original deadline and seeks additional time to do so must file for an extension.
How to fill out extension program?
To fill out an extension program, taxpayers typically need to complete a specific IRS form, such as Form 4868 for individual tax returns, providing relevant personal information and estimated tax liability.
What is the purpose of extension program?
The purpose of an extension program is to provide taxpayers with more time to prepare their tax returns without incurring penalties for late filing.
What information must be reported on extension program?
Taxpayers must report their name, address, Social Security number or Employer Identification Number, an estimate of total tax liability, and any payments made with the extension request.
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