What Happens If You Can’T Finish Your Tax Return By Its April 15th Due Date ?
You are entitled to an automatic extension until October 15 by filing form 4868. An extension to file is not a extension of time to pay. By filing an extension, you avoid the late filing penalty, but will have penalties on any money you owe after April 15. (April 17, 2012)
Note If you need professional help with "Late Filing" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.