Tag Archives: pay taxes

Money Monday: File a tax extension for these reasons

There are a number of reasons to file a tax extension. Does your circumstance fit the bill?

Image from 401kcalculator.org

The deadline for filing your 2018 tax return is April 15, 2019. If you’re not ready, you can apply for an extension to delay filing until October 15 at the latest. But make sure you’re not just procrastinating, and instead have a valid reason for filing an extension, from Forbes’ article:

  • Forms coming from business, real estate investments, etc that bring in income.
  • You’re just now thinking of hiring an accountant…now is when accountants have too many clients and are too rushed.
  • You don’t have time to get your paperwork in order.
  • Forbes has more reasons for filing an extension here: “Not Ready To File Your 2018 Taxes; Get A Six Month Extension”.