![]() ![]() Find the IRS mailing address via this link. You can complete and sign the 2021 tax return forms online here via eFile, before you download, print, and mail them to the state tax agency. The address is listed on the form. Massachusetts deadline for 2016 tax extension how to#However, there is an option to only complete a Massachusetts Tax Return on : Detailed instructions on how to only prepare and mail in - not eFile - a Massachusetts 2021 Tax Return - here on. makes it easy for you to complete and e-file your IRS and Massachusetts State Tax Return (e.g resident, nonresident, or part-year resident returns). Therefore, you technically cannot e-File anywhere - not just - a Massachusetts Tax Return without also e-filing the associated IRS Tax Return. This is an IRS and State Tax Agency policy, not an policy. If you want to prepare and eFile a MA Tax Return only, be aware that the IRS and the respective State Tax Agencies require you to e-file a Federal Income Tax Return at the same time you e-file a State Tax Return. Tip: Even if you cannot pay the taxes you owe on time, file your return on or by the filing deadline because the late filing penalties are higher than the late payment penalties. If you have not filed any of your 2021 Tax Income Returns, e-File them by Oct. If you owe MA or IRS Income Taxes and you filed an extension, file your 2021 Tax Return by this deadline to avoid late filing penalties. 31, 2021) can be e-Filed with your IRS Federal Tax Return until April 18, 2022, which is the MA filing deadline as well as the electronic filing deadline. She strives to take the fear and anxiety out of taxes and help empower small business owners to feel more confident and in control of their finances.Your 2021 Massachusetts State Return forms for Tax Year 2021 (Jan. You’ll get an automatic extension just by paying, but you do have to fill out your return eventually.Ĭandace is the founder of NewWay Accounting and is a CPA who specializes in working with fellow entrepreneurs. To get an extension without the form, you can pay all (or part) of your estimated income taxes online. You’ll need to fill out Form 4868, then mail it or file it online using IRS e-file. There’s No Extra Time to Make Traditional IRA ContributionsĬontributions to a traditional IRA and Roth IRAs are still due by the original April deadline. While an extension will reduce your 5% monthly late filing penalty, any outstanding tax balance will still be charged a late payment penalty of 0.5% per month. The ConsĪs I already mentioned above, an extension will give you extra time to file your return, but any tax you owe is still due by the original deadline. Filing an extension provides these taxpayers with an additional six months to do so. If you’re self-employed you may want to make contributions to your SEP IRA or SIMPLE IRA to reduce your tax liability. It Gives the Self-Employed More Time to Make Retirement Contributions ![]() However, if you are due a refund, there are NO penalties. If you have tax due and do not make a payment until you file, you will just owe the 0.5% monthly late payment penalty. If you file an extension and then file your return by the extended deadline, you’ll avoid the 5% per month late filing penalty. The second is a late payment penalty of a 0.5% per month. The IRS imposes two types of penalties: First is a late filing penalty of 5% per month on any tax due. Having extra time to finish your return is often necessary if you’re still waiting for tax documents from employers or if you need additional time to organize your deductions. You’ll Have an Extra 6 Months to Gather Your Information While an extension gives you extra time to file your return, it does not give you extra time to pay your tax. ![]() You don’t have to explain why you need the extension and the extension automatically moves the filing deadline for personal tax returns to October 15th. Considering the tax extension deadline is just a couple days away, I thought it would be a good time to dive into everything you need to know about tax extensions! The IRS reports that as of April 15th each year, about 50 million taxpayers still need to file their taxes (!!!)… so if this is you each year, keep reading.įiling a tax extension request asks the IRS to give you some additional time to file your tax return. ![]()
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