How to File an Extension

by | Mar 22, 2023 | Tax

It is not uncommon to have a need for more time to prepare your federal tax return. This post provides valuable information on how to apply for an extension of time to file. Please be aware that:

  • An extension of time to file your return does not grant you any extension of time to pay your taxes.
  • You should estimate and pay any owed taxes by your regular deadline (April 18, 2023) to help avoid possible penalties.
  • You must file your extension request no later than April 18, 2023.

E-file Your Extension Form for Free

There are three options when it comes to filing for an extension.

  1. Complete and mail in IRS Form4868: https://www.irs.gov/pub/irs-pdf/f4868.pdf
  2. Individual tax filers, regardless of income, can use Free File to electronically request an automatic tax-filing extension.
    • Filing this form gives you until October 16, 2023 to file a return.
    • To get the extension, you must estimate your tax liability on this form and should also pay any amount due.
  3. Get an extension when you make a payment.
    • You can also get an extension by paying all or part of your estimated income tax due and indicate that the payment is for an extension using Direct Pay, the Electronic Federal Tax Payment System (EFTPS), or a credit or debit card. This way you won’t have to file a separate extension form and you will receive a confirmation number for your records. Be sure to select Form 4868 or extension.

    Extension Forms by Filing Status

    Below are forms that you may need depending on your filing status:

    Individuals

    Michigan Residents: (only need to file an extension if you owe, otherwise the federal extension will cover a Michigan extension)

    Special rules may apply if you are:

      Always remember, Senter, CPA is here for you if you need any assistance.

      Don't hesitate to give us a call at 248-934-0550, or contact us below.

      From the Fantasy Football Draft Board to the Balance Sheet

      If you’ve ever spent hours researching your fantasy football draft only to watch your first-round pick get injured, you’ve experienced something every business owner understands: Even the best plans sometimes get sacked.

      Your Guide to IRS Tax Transcripts

      Taxpayers have the right to request tax transcripts from the IRS. These may be needed if you do not have a copy of your tax return.

      2026 Clarkston Rotary Wine Party: Come Hang Out With Us

      I can think of worse ways to help local kids than spending a Thursday night eating, drinking, bidding on stuff you probably do not need, and hanging out with 350 to 450 of your favorite Clarkston friends.

      Planning Ahead: Small Steps That Can Save Big Later

      Even in the middle of tax season, it’s not too late to make moves that can save your business money and headaches down the line. Many business owners get caught up in the day-to-day and wait until the very end to think about taxes. The truth is, a few small steps now can make a big difference later.

      Keep Your Receipts Nearby and Organized

      Business owners understand that receipts are everywhere and also can seemingly end up nowhere to be found.

      Are Unused Subscriptions Costing You Money?

      As household expenses continue to rise, identifying unnecessary recurring charges is a practical way to improve cash flow without making significant lifestyle changes. Many consumers unknowingly pay for subscriptions they no longer use, forgot to cancel after a free trial, or no longer find valuable. While individual charges may seem insignificant, the combined annual cost can amount to hundreds of dollars.

      Your Year-End Tax Bill Shouldn’t Be a Surprise

      December has a way of making tax planning feel urgent—but by December, you’re already behind the strategy and some of the best planning opportunities could have already passed you.

      Fall Accounting

      It’s like spring cleaning, but now we’re working on it in between Back to School and Football and Pumpkins and Mostly Great Weather!

      Trump Accounts: What Parents—Especially Michigan Families—Need to Know

      Trump Accounts are a new type of savings vehicle designed to help families build long-term financial resources for children. Structured as a special type of traditional IRA, these accounts have specific rules governing eligibility, contributions, investments, and withdrawals.

      Senter Forward: The Kind of Client Relationship We Want to Build

      I will start with something that may sound strange coming from a CPA firm: we are not trying to take every piece of work that walks through the door.
      We have reached a point where the question is less “Can we prepare this return?” and more “Can we build a relationship here where our team can actually help?” That difference matters.