In this video I show you how to prepare and file Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return with the IRS to avoid late filing penalties. I'll walk you through the form step by step and give you some insights on things to keep in mind so you don't make mistakes and have the form rejected.

As a preview of what you can expect to see and learn, I’m going to show you:
- How to file the form if you are mailing in a payment
- How to file the form if you are NOT mailing a payment
- How to file electronically and avoid having to send anything in the mail.
- How to estimate your taxes owed.
- My recommendations on how to send the form to the IRS if filing through the mail.

IRS Form 4868: https://www.irs.gov/pub/irs-pdf/f4868...
Nerdwallet Income Tax Calculator: https://www.nerdwallet.com/taxes/tax-...
IRS Direct Pay Website: https://www.irs.gov/payments/direct-pay

Chapters:
00:00 Topic: How to File an Extension
01:05 Reasons to File an Extension
02:15 Two Ways to File an Extension
02:40 How to File an Extension by Mail
09:58 How to File an Extension Online

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This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. Some of the links above are affiliate links which means that if you purchase a product or service with the provided link, I may receive a commission with no additional cost to you.

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