A Nightmare Come True
Imagine, if you will the following scenario. It’s April 14th and you are sitting at home, relaxing in front of the TV. Your spouse walks by and asks if you have received the tax return yet. You say ‘yes’ and then realize that you forgot to file taxes. Panic sets in and you scramble to look up the IRS website, which states that you must fill out and mail the IRS “Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.” There just isn’t enough time.
Every year, many Americans procrastinate until the last day to file their taxes. Dealing with the IRS is no laughing matter. They state on their website that “by law, the IRS may assess penalties to taxpayers for both failing to file a tax return and for failing to pay taxes they owe by the deadline.” If this wasn’t chilling enough, they also state that “the penalty for filing late is normally 5 percent of the unpaid taxes for each month.” See the following IRS link to learn more about Late Filing and Late Payment Penalties.
The IRS offers a Free File service for the public to get an extension of time to file. Simply visit the link below and you will be able to choose from different free file software programs. Each software application has its own criteria categories, which include income, age and state of residence requirements.
Follow the link below to learn more: http://www.irs.gov/uac/Free-File:-Do-Your-Federal-Taxes-for-Free.
A Digital Lifesaver
TurboTax is one of the leading online tax service companies. They offer a variety of tax related individual and businesses services, including online tax returns, tax calculators and tax preparation. These helpful tools and resources will enable you accurately predict and understand your tax filing status. Over 140,000 satisfied customers have rated them 4.8 out of 5 stars on the website. TurboTax offers a free federal tax extension service through their website. All you have to do is register and you will be finished within just a few mouse clicks. Apply for the free tax extension here: https://turbotax.intuit.com/irs-tax-extensions.
A Helpful Alternative
FreeTaxUSA is another online tax service that offers free federal tax extensions. According to their website, “as an authorized IRS e-file provider, FreeTaxUSA® has e-filed over 14 million returns.” Users simply need to create an account and follow the step by step instructions and procedures. Visit here for more information: http://www.freetaxusa.com/tax_extension.jsp
Filing taxes is often a stressful and cumbersome ordeal for many Americans. However, there are free online tools that allow people quickly and easily file for an extension.