Most of the tax payers request for a tax extension each year in several ways and it is the responsibility of a tax payer to remain aware of all these provisions. Talking of the federal income tax return, a taxpayer can get this extended by adopting various methods such as phone, mail, online and many more. Regardless of the method that a tax payer has chosen, one perquisite for getting the federal income tax extended is a hard copy of the Form 4868 as it is basically a kind of worksheet that makes it easy to calculate the estimated tax liability on any taxpayer before he files in an extension.
All the tax dues need to be paid along with the extension request to avoid both late filing penalties and interest. As per the Internal Revenue System, there are three ways with which you as a taxpayer can request for federal tax return extension. These ways are namely E-file form 4868, paying partly or all the estimated income tax liabilities with the help of a credit card and lastly by mailing in the form number 4868. You can get your federal income tax return extended, by making use of any tax software such as TaxAct or TurboTax. You can also seek out the help of any tax professional to fix this whole thing for you. You also have the facility of making the payment by check or by electronic means, once you have filed the tax return online.
If you have a tax liability which is more than $1, then you can pay it with a credit card also. If you pay the estimated due tax in this way, then you can also have your tax return extended. There are four credit cards that are accepted by the Internal Revenue System namely, Visa, Discover, American Express and MasterCard. You can also make the payment of the tax return via a credit card online or on phone. At present, there are only 2 providers who have been authorized to provide this facility, Link2Gov Corporation and Official Payments Corporation.
If you are not in the favor of extending your tax return by electronic means, then you can also file the form number 4868 via mail. You just need to fill in the complete form 4868 and then mail it to the address of the Internal Revenue System. If you are sending the tax return by mail, then it is your responsibility to make sure that it is being sent to the right address as Internal Revenue System more than 10 addresses provided for federal income tax extension.
You have to check that all the information that you are sending to the Internal Revenue System is complete and accurate and one more thing that the address at which the tax return extension is being sent is correct or not. At any point of time, if you feel that you are not being able to manage this all, seeking professional help is advised.