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An extension applies only to filing your return.
"Anyway, filing your return can be very straightforward online and you don't need a tax agent".
That argues for filing your return earlier, rather than later, if you don't have a good reason to wait, to reduce the chances of a successful fake filing.
Indeed, some experts caution that filing your return just as you did in previous years may prove costly if your circumstances have changed.
Can you shorten the audit period by filing your return early?
Maybe you receive a corrected 1099 in the mail after filing your return.
Similar(45)
Most importantly, even if you can't pay, file your return.
The extension gives you six extra months to file your return.
If you haven't filed your return, don't be afraid.
You can go online and file your return or a request for an automatic four-month extension to file.
Usually, if you file your return late, you'll get a notice of penalty from the I.R.S.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com