How to file a tax extension and avoid IRS penalties

(NewsNation) — The federal tax filing deadline is April 15, but taxpayers who need more time can avoid penalties by requesting an extension.

It’s a straightforward process that gives filers an extra six months, until October 15, to submit their return without penalties, as long as the extension is filed by the end of April 15.

But an extension only delays the paperwork, not the bill: Any taxes owed must still be paid by April 15 to avoid penalties and interest.

As of April 3, the IRS had received about 99.8 million individual returns — roughly 60 percent of the 164 million it expects by the Wednesday’s deadline..

How to get an extension to file your tax return

There are three ways for individuals to get an extension, according to the IRS:

Pay online and check the box: Taxpayers can pay what they owe online and select “extension” as the reason for payment — no additional forms required. They’ll receive a confirmation number for the extension.

Use IRS Free File: Taxpayers can request an automatic extension through the program for free, regardless of income or filing........

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