- September 11, 2018
Form 4868 is for the taxpayers who require an extension of time to file the tax return. With this automatic extension, the taxpayer gets 6 additional months to do the paperwork for the tax return. In order to obtain the automatic extension, you need to report the Form 4868 to the Internal Revenue Service (IRS) before the original filing due date of the tax return. This also covers the filers of the Form 1040, Form 1040 A, Form 1040 EZ, Form 1040 NR, Form 1040 NR-EZ, Form 1040 PR or Form 1040 SS and Form 1099.
As a taxpayer remember that the extension period is for filing the tax return and not applicable for the payment of the taxes. You must pay the annual tax amount to the IRS before the due date in order to avoid the IRS penalties.
Form 4868 Extension Request Rejection
The IRS accepts most of the extension requests when you file through IRS Form 4868 Extension Request. It may take 1 to 2 days of time to validate the extension application to accept or reject the application. Though the extension request form is simple to file, still mistakes occur. When there is the error(s) in the Form 4868, the IRS rejects the extension request.
In such case, etax4868 notifies the reason and assist in resubmitting the Form 4868 again. Some of the common reasons that induce the IRS to reject the tax extension application is as follows:
- When you provide the name and the SSN incorrectly by mistake. When the details do not match with the IRS database, the extension application turns down.
- When the adjustment is not informed by the IRS. For instance, you may have changed your name after marriage or divorce after filing with the IRS. Hence, the IRS cannot identify the tax information with your extension request.
- When there is a mismatch in the Adjusted Gross Income (AGI) amount entered and the IRS records.
- When you forget to update the IRS about your status also leads to rejection of the Form 4868.
Therefore, file an extension before the due date with the appropriate information, update the IRS about the changes in your tax information. By doing so, you are increasing your chance of IRS approval for the extension request. When the IRS rejects the Form 4868 extension request, you can reapply for the extension but you may get fines when you do not file the request before the due date. It is always better not to get the Form 4868 request rejected. Hence, ensure to enter the information properly while you e-file and double check the form before submitting to the IRS.