Even though the actual tax extension form for individuals or businesses are a lot simpler than your average tax form, taxpayers still have valid questions about how to complete it. This post continues a Tax Extension FAQ series that covers the most common tax extension-related questions and their answers.
Here’s the latest question:
If I e-file a corporate tax extension today, will it be filed in time for the deadline?
Answer:
YES. As long as the request for a corporate tax extension is e-filed prior to midnight, you’re all set.
This question is really common, especially today (the corporate tax deadline). I hear from a lot of companies who have procrastinated and want to get their extension filed today before it’s too late ( a very good idea!). The good news is that e-File is very fast. So once you fill out the form online, it’s submitted. And as long as that happens before midnight, you’re all set.
If you have any questions about filing a tax extension, please let me know in the comment section below. I’ll do my best to cover it in a future blog post.
