Hey kids! Tax time can be tricky, but don't worry! Lots of people need extra time to file their taxes. It's like getting an extension on a homework assignment.
The IRS (that's the government's tax office) lets you ask for more time to send your tax papers. But it's important to remember: this extension is only for filing, not for paying what you owe!
- You can get six extra months to file your taxes.
- You still need to pay your taxes by the original deadline.
- Not paying on time means you might get charged extra money (a penalty).
Topic | Fact |
---|---|
Extension Deadline | October 15th, 2025 (for taxes due April 15th, 2025) |
Penalty for late payment | 0.5% - 25% of unpaid taxes |
Online Filing | Yes, using IRS Free File or Form 4868 |
So, if you need more time, ask for an extension, but make sure you pay your taxes on time!