How to File a Tax Extension 2023 | IRS Form 4868

Are you feeling overwhelmed with all of the taxes you have to file this year? Don't worry, we've got you covered! In this video, we'll walk you through the steps necessary to file a tax extension, so you can have more time to prepare your taxes.

If you're feeling stressed about your tax deadline, this video is for you. We'll take you step-by-step through the process of filing a tax extension, and explain everything you need to know. From filling out IRS Form 4868 to understanding the benefits of filing a tax extension, this video has everything you need to take care of your taxes this year!

0:00 Don't Get Fined
0:21 How to Get an Extension
1:35 Form 4868 General Instructions
3:55 Form 4868 Line by Line Walkthrough
6:01 Additional Information
7:49 The Three Fines/Fees
9:10 Official Line by Line Instructions
9:24 How to Pay and Where to Mail

#taxes2022 #taxseason2023 #taxes
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DISCLOSURE: We are not financial advisers. The ideas presented in this video are for entertainment purposes only. Although the information is researched and vetted beforehand, it may not be up to date at the time of viewing. Please do your due diligence and research on the topic. You (and only you) are responsible for the financial decisions that you make.

[sethfarris]

Thank you so much man needed this because my boss was a huge drug addict at my marketing firm and did not give any of us our W2s

[jwill]

You keep saying Monday April 18th but it's a Tuesday

[homeschoolmom]

Very confused. The whole idea of me getting an extension is because I need longer to fill them out. How do I know if I owe or not until I fill them out. We file jointly, but I have a small business. Have never had to pay, but most likely will this year…. But still, I don’t know until I fill them out. That’s why I need the extension. It takes me a good 2-3 weeks to fill out my part of our taxes.( I’m still old school, paper receipts, etc) So, it seems to be pointless to file an extension since I don’t know the amount I owe, if at all.
What am i not understanding ? Thx

[THENEWORLEANSEXPERIENCE]

How do you actuallyfile/submit it to them?

[thegoodearth]

How to e-file for joint tax extension (got married last year) when previous extensions were filed as single. Is filling form 4868 necessary for e-filing joint extension? As single, I only paid the estimated taxes and chose the reason as extension (didn’t have to file 4868).

[matthines]

If I am expecting tax refund, can I put 0 for both 4 and 5 in part 2 as I do not know these numbers but will def be getting money back?

[shubhangijadhav]

I am a student and my income is less. so i dont own any amount. Do i need to still fill this form for extension?? I am for updated w2 from university.

[chrisharris-mtne]

Thanks for this very informative video! How would I go about figuring out what to put in the boxes if I'm still waiting on a w2?

[sanaynay]

if I file 4868 IRS for extention, do I need to file seprate extension for Maryland State tax extension or this takes care of state too ?

[urbanflavorz]

If you have to pay the amount you will owe when filing the extension that defeats the whole purpose of filing. What if you can't pay the taxes you will owe?

[LadyHoliday]

Hello, I am a Canadian Citizen who formed an LLC in the US. (i do not live in or visit the US)
I need an extension because i was unaware that i needed to apply for an ITIN in order to file my taxes. I am a single member LLC so i file individually. I need an extension but how can i apply for one without an ITIN or W2? This is beyond confusing as a Canadian.

[mellievern]

I filled out the 4868. How to send to IRS ELECTRONICALLY???

[Phosty]

How do I file an extension WITHOUT my W2? Company moved all W2s to online and I'm struggling to get mine.

[zgdrummer]

Thank you for the great video. I used the method of paying taxes to "auto file (i.e. just going through the IRS website and making payment)" the 4868. Do I also need to submit a form for my spouse since we are married filing jointly? When you go to the IRS website and pay online, it doesn't ask for her social security number as well. If so, I'm assuming the same for both federal and state (South Carolina)?

[jimbobo]

Do I still need to file my taxes even if I file this extension form?

[Wowimhungry]

If I file an federal extension for the state of Illinois does it automatically extend my state extension? I filed an extension last year and my state extension was automatically extended.

[alexschmidt]

Correct me if I'm wrong but if we file the extension, then we will still owe interest for the 6 month extension?

[jimmyweathersby]

Does it matter if you had a address change over the past year

[sovansoun]

Sir, I have submitted my taxes already for the federal to withdrawn money from my bank by 04/17. Am I still allow to request for extension since I submitted already?

[xannmax]

Why don't they teach us this convoluted shit in school? Damn I can't change my car brakes or do my taxes but thank fucking god I can make little clay pots.