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What Is a Tax Extension? Need more time to file your taxes? You’re not alone — the IRS expected more than 140 million American taxpayers to file for an extension for the 2024 tax year.
The deadline to file your 2024 taxes is April 15, 2025. If you cannot complete your taxes by the deadline, you can request an automatic six-month extension to file your taxes.
Paper filing: While e-filing is encouraged, businesses may still submit a paper Form 7004 by mail. The correct mailing address depends on the type of return and business location.
The IRS provides a list of where to file Form 7004 on its website . What Happens After Filing? Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension.
This year, if you receive an extension, the deadline to file will be pushed back to Oct. 15.
The IRS charges individuals and businesses a fine if they fail to file their return by the deadline or by their extension date. The "failure to file penalty" is 5% of the tax due for each month ...
Here’s everything you need to know about requesting more time to file your taxes or pay your tax bill in 2025. How to file for an extension in 2025 ...
Use IRS Free File to electronically request an automatic tax-filing extension. File Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return.
How do I file for an extension? For federal tax returns, there are three ways to gain an extension to Oct. 15. But note, the extension applies to filing your taxes, not on paying your taxes.