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How to File an Extension In 2018

How to File a Tax Extension

If you’ve waited until now to contact a tax professional or CPA about filing your taxes, you’ve likely been told the bad news: they’re booked or they will need to file an extension on your behalf.

If you haven’t yet found a professional to file your taxes and you don’t want to file on your own, you should file an extension yourself as the deadline for doing so is just around the corner.

An extension buys you a grace period so a professional can still assist you after the tax filing deadline. An extension does not, however, extend the time you have to pay your taxes.

If you believe you’ll owe taxes, you should make a payment now, using the following options:

Reason for Payment: Extension

Apply Payment To: 4868 (for 1040, 1040a, 1040EZ)

Tax Period for Payment: 2018

Deadline for Tax Extension

The deadline for filing an extension is April 15. You can e-file an extension for free. Alternatively, you can find Form 4868 on the IRS website to file for an extension via mail. It will need to be postmarked by April 15th for your extension to be granted.

Filing an extension will give you until October 15, 2019 to file your tax return. You will still be required to pay your taxes by April 15th, 2019.

TL;DR: You procrastinated having your taxes done. File an extension, then get help.

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Khaled - TLDR

Khaled Albadawi, CPA

Principal & CEO

Khaled joined TL;DR as Principal in December of 2022, and has quickly hit the ground running offering a fresh new perspective for the TL;DR team and clients. He’s a natural entrepreneur & leader, starting his days at 4 AM with a nice cup of coffee to get a jumpstart on projects before the business world wakes up. His one piece of advice to business owners? Ask yourself if you are creating just another job or a business. Ideally, you should be building something that doesn’t require you to be there 40 hours a week!

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