When do I need to file a tax extension?

For tax year 2023 (filed in 2024), you needed to submit your tax extension request by Monday, April 15—the regular tax filing deadline—or face a penalty. If you did so, you’ll need to file your completed Form 1040 by Oct. 15. Here’s what you need to know about federal tax extensions and their deadlines. What is a tax extension?

Do you need time beyond the April tax extension deadline?

If you think you’ll need time beyond the April deadline, you won’t be alone. IRS data shows that 10% to 15% of Americans file a tax extension form in a typical year. A tax extension is simply a form you submit to the IRS by tax day, which extends your filing deadline by about six months.

How do I get a tax extension?

Taxpayers who need more time to file their federal personal income tax return can request a tax extension from the IRS using the one-page Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return.