What Is A Tax Extension Chicago Illinois

Updated July 24, 2015

 
What Is A Tax Extension Chicago Illinois

Extension Tax

 
Tax extensions extend the amount of time necessary to file the return itself. They do not extend the due date of any payment which will possibly be due with the return itself.
 

Extensions for individuals

 
if you are not able to file your federal individual income tax return by the due date, you may be able to get an automatic 6-month extension of time to file. To do so, you must file Form 4868, the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return by the due date for filing your calendar year return (usually April 15) or fiscal year return..
 

Special rules may apply if you are:

  • Living outside the United States
  • Out of the country when your 6-month extension expires, or
  • Serving in a combat zone or a qualified hazardous duty area.

 
For more information you can also consult IRS Publication 17, for more information regarding the rules for automatic extensions and filing federal individual income tax returns.
 

Extensions for Corporations, Partnerships, REMICs and Certain Trusts

  • Form 7004, Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns
  • Form 1138, Extension of Time for Payment of Taxes by a Corporation Expecting a Net Operating Loss Carryback

Other Extension Forms

     

  • Form 2350, Application for Extension of Time to File U.S. Income Tax Return (For U.S. Citizens and Resident Aliens Abroad Who Expect To Qualify for Special Tax Treatment)
  •  

  • Form 4768, Application for Extension of Time to File a Return and/or Pay U.S. Estate (and Generation-Skipping Transfer) Taxes
  •  

  • Form 5558, Application for Extension of Time to File Certain Employee Plan Returns
  • Form 8809, Application for Extension of Time to File Information Returns
  • Form 8868, Application for Extension of Time To File an Exempt Organization Return.
  •  

  • Form 8892, Application for Automatic Extension of Time to File Form 709 and/or Payment of Gift/Generation-Skipping Transfer Tax

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