Does it seem like the U.S. tax code is getting more and more complicated every year? If it feels like filing an income tax extension is more trouble than it's worth, think again ― you can file it online in just a few minutes.
Here are five reasons why you should e-file your tax extension:
1. E-Filing Your Tax Extension Is Paper-Free
Save a tree and save yourself the hassle of filling out paper tax forms by using FileLater's convenient e-filing system. No extra documents to deal with ― just a simple online form.
2. E-Filing Is the Only Way to Get IRS Confirmation That Your Tax Extension Has Been Approved
The FileLater system will keep track of your electronic tax extension request and inform you when it has been approved by the IRS. As a FileLater customer, you can also log in any time to check the status of your extension. On the other hand, if you file a paper tax extension request (Form 4868 for individuals or Form 7004 for businesses), there’s no way of knowing whether your extension has been approved or not — you would only be notified if your extension is rejected.
3. E-Filing a Tax Extension Is Fast and Easy
With FileLater, your tax extension form can be filled-out and submitted in just minutes. Individuals may receive an additional 6 months to file, while businesses may get 5 or 6 months (depending on the type of entity). By requesting a tax extension, you can help relieve your own April (or March) filing burden without even breaking a sweat.
4. Electronic Filing Is the Preferred Method of the IRS
Everyone is going paperless these days, and the IRS is no exception. Over 122 million returns were filed electronically in 2013. FileLater is an authorized IRS e-file provider. With the FileLater system, you can securely e-file Form 4868 or Form 7004 online. The IRS also recommends that taxpayers e-file their tax returns because it generally results in a faster tax refund.
5. With E-Filing, Nothing Gets Lost in the Mail
No more standing in line at the post office on tax day! When you e-file your tax extension request, you don't have to worry about it slipping through the cracks in the chaos of tax season. And by using FileLater, you will get an official IRS confirmation of your tax extension and you'll know that your tax forms are in good hands.
Don’t wait any longer! E-file your income tax extension today with FileLater!