IRS Federal Income Tax Extension for 2011, 2012

If it's getting close to April 17^th and you have realized that you need an income tax extension then be sure you file your extension before the due date. Extensions will not be offered after April 17^th. After that you will have to file a late return.

The government will usually give you a six month extension pretty easy. This could help you if you need time to gather more paperwork to file your return or if you need a little more time to save some money.

What Form Should I Use?

You can apply for an extension by filing Form 4868. This Form is called the Application for Automatic Extension of Time To File U.S. Income Tax Return.

There are many other forms available if you need more time than six months. You may also file your return on time but then apply for a payment plan. Both of these options will have minimal fees associated with them but will beat the price of not filing at all and being subject to late charges and interest.

You may not be eligible if you share any of these special circumstances:

• If you are not living in the United States, in this case you should use Form 2350
• If you are not in the United States when your extension expires
• If you are currently serving in a combat zone

TurboTax Online offers all of the extension related forms that you may need for FREE! You will not pay anything until the time you file your return should you decide to use their service.