Tax Extension Center continues its series of The Top 100 Reasons to File a Tax Extension. This series is intended to show taxpayers that a tax extension is valuable because it saves individuals and/or their businesses time, stress, and even money.
Here’s reason #13: you’ve just moved and haven’t unpacked yet.
Moving is one of my all-time most hated activities. It’s such a pain! So if you’ve recently moved, or plan on moving anytime between now and April 15, you have my sympathies.
Why would moving be a reason to get a tax extension? Well, first of all, your stuff is in boxes. Do you have any idea where you put all of your paperwork (like your W-2, for example)? How about that nice pile of receipts? Where are those things anyway?
Moving assumes they’ll be some transition time. And why worry about anything other than getting settled when you can get an extra six months to file your taxes?
So let your brain be occupied with where in your new place you’re going to put your TV. Your taxes can wait until October 15.
Whether you are new to tax extensions or not, remember that filing a tax extension does not give you more time to pay what you owe the government or face the possibility of penalties and interest. You still need to make your payment by midnight on April 15.
Ever filed a tax extension before? Thinking about filing one this year? Drop me a note in the comment section below.
