Since 2006, the Internal Revenue Service has made it easier for you to get a six month extension on filing your individual tax return.
In previous years, you could file an IRS Form 4868 and get an automatic extension of four months, delaying your filing until August 15th. If you needed additional time, you had to file another form, providing a specific reason, to obtain an additional two month extension. The two step process has been eliminated. If you file a Form 4868 requesting an extension now, you will be granted an extension for six months, pushing the deadline for filing back to October 15th.
Taxpayers should remember that while the deadline for the actual filing of the return can automatically be extended now until October 15th, the taxes are due by no later than April 15th (April 17 this year). If the taxes are not paid by April 15th (April 17 this year), then the taxpayer will be subject to both penalties and interest on the amount owed.