Federal Income Tax

Tax Extension 2021

Taxpayers have until April 15 to file their federal income tax returns. Since some of you may need extra time to file a return, tax extension in 2021 may be the solution. Upon filing a tax extension, you will have an additional six months to file a tax return. This will push the deadline to file a tax return further to October 15.

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It is good to keep in mind that filing an extension will give you additional time to file a tax return. By the April 15 deadline, you must pay all the taxes owed to the IRS. If you file an extension and end up owing the IRS, you might be subject to late fees and interest. It all comes down to your tax return. If the IRS sees a reasonable cause for late payments, you won’t pay late payment penalties.

With that being said, make sure to pay your taxes before filing an extension if you think you will owe to the IRS. You can do this by estimating taxes with what you have in front of you. You can then pay taxes when you file an extension.

As for filing tax extension for the 2021 tax season, you will have two main options. One of which is the filing extension online and the other is by mail. We suggest handling everything online as you are not only going to be able to request an extension but also pay taxes at the same time. Here is how to file a tax extension and pay taxes online.

Extension Through Direct Pay

The IRS Direct Pay allows taxpayers to pay for taxes online using a bank account, hence the name, direct pay. Given there isn’t a limit on how much you pay the IRS on Direct Pay, we suggest estimating whether or not you will owe any taxes when filing a tax extension and paying slightly over the amount. This way, you will secure not paying late fees and penalties.

Learn more about paying taxes online on IRS Direct Pay.

Here is how to use Direct Pay to file an extension.

First and foremost, you must make a payment and the payment must be done with a bank account. You cannot use credit cards to file for an extension on Direct Pay.

Screenshot captured from Direct Pay payment tool

Select your reason for payment as “extension” as seen in the image above. Then, select tax forms that apply to payment and tax year as 2020. Click on continue and fill out the identity verification form.

After verifying who you are, proceed to make your payment. This part is important as you will be given a confirmation number to keep track of your payment. Keep the confirmation number for future use to see your payment status. Your payment should be approved by the IRS within three business days.

Tax Extension by Mail

Those who are looking to file an extension by mail must use Form 4868. Although we recommend filing for an extension online for the 2021 tax season, either way works just fine. You also have the option to file Form 4868 on the IRS e-file. Since the information that needs to be provided on Form 4868 is very minimal and basic, we suggest e-filing over mailing it to the IRS.

On Form 4868, you will need to provide your:

  • Full Name
  • Address
  • Social Security Number
  • Spouse’s Social Security Number
  • Estimated total tax liability for 2020
  • Total amount of tax paid in 2020
  • Balance due
  • Amount you’re paying
  • Whether or not you’re going to be outside of the U.S. and a citizen or resident
  • Whether or not if you file Form 1040-NR or 1040-NR-EZ and did not receive wages as an employee who’s subject to income tax withholding.

Once filled, you can then go ahead and detach the part you filled out and mail it to the IRS. Start filing Form 4868 to file an extension below. The mailing addresses can be found right below the form.

Form 4868 Mailing Address

StateMailing Address (with payment)Mailing Address (without payment)
Alabama, North Carolina, South CarolinaInternal Revenue Service
P O Box 1302
Charlotte, NC 28201-1302
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999-0045
Alaska, California, Hawaii, WashingtonInternal Revenue Service
P.O. Box 7122
San Francisco, CA
94120-7122
Department of the Treasury
Internal Revenue Service
Fresno, CA 93888-0045
Arizona, Colorado, Idaho, Kansas, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, WyomingInternal Revenue Service
P.O. Box 802503
Cincinnati, OH 45280-2503
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-0045
Arkansas, Georgia, Indiana, Iowa, Kentucky, Missouri, New Jersey, Oklahoma, Tennessee, VirginiaInternal Revenue Service
P.O. Box 931300
Louisville, KY 40293-1300
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999-0045
Connecticut, District of Columbia, Maryland, Rhode Island, West VirginiaInternal Revenue Service
P O Box 931300
Louisville, KY 40293-1300
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-00045
Delaware, Maine, Massachusetts, New Hampshire, New York, VermontInternal Revenue Service
P.O. Box 37009
Hartford, CT 06176-7009
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999-0045
Florida, Louisiana, Mississippi, TexasInternal Revenue Service
P.O. Box 1302
Charlotte, NC 28201-1302
Department of the Treasury
Internal Revenue Service
Austin, TX 73301-0045
Illinois, Michigan, Minnesota, Ohio, WisconsinInternal Revenue Service
P.O. Box 802503
Cincinnati, OH 45280-2503
Department of the Treasury
Internal Revenue Service
Fresno, CA 93888-0045
PennsylvaniaInternal Revenue Service
P.O. Box 37009
Hartford, CT 06176-7009
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-0045

Charles Young

States are the foundation of what this beautiful country was built upon. My writings make up everything about states. This can be taxes, holidays, certain rankings and listings, and more. Click on my bio to learn financial facts about your state.

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