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To: Didi who wrote (10539)4/3/2000 1:44:00 AM
From: Didi  Read Replies (2) | Respond to of 35685
 
Taxes: Filing Extensions + How to Pay

irs.ustreas.gov

"You may be able to get an extension of time to file your return. Special rules apply if you were:

Outside the United States, or
Serving in a combat zone.
These rules are discussed separately.

Form 4868
If you cannot file your 1999 return by the due date, you may be able to get an automatic 4-month extension of time to file. To get the automatic extension, you must file Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return, UNLESS you are using a credit card to make the required tax payment.

Example. If your return is due on April 17, 2000, you will have until August 15, 2000, to file.

Credit card. You do not have to submit Form 4868 if you pay by credit card.
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Required payment
An extension of time to file is NOT an extension of time to pay. You must make an accurate estimate of your tax for 1999 and send any necessary payment with your Form 4868. If you find you cannot pay the full amount due with Form 4868, you can still get the extension. You will owe interest on the unpaid amount.
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Payment by credit card

To pay by credit card (American Express© Card, MasterCard©, or Discover© Card), call 1-888-2PAY-TAX (1-888-272-9829) and follow the instructions. A convenience fee will be charged by the credit card processor based on the amount you are paying. You will be told what the fee is when you call and you will have the option to continue or cancel the call. Do not include the convenience fee as part of your tax payment. You can also find out what the fee will be on the Internet at www.8882paytax.com. If you paid by credit card, enter the confirmation number you were given at the end of the call on page 1 of Form 1040 in the upper left corner.
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Installment Agreement

If you cannot pay the full amount due with your return, you can ask to make monthly installment payments. However, you will be charged interest and may be charged a late payment penalty on the tax not paid by April 17, 2000, even if your request to pay in installments is granted. If your request is granted, you must also pay a fee. To limit the interest and penalty charges, pay as much of the tax as possible with your return. But before requesting an installment agreement, you should consider other less costly alternatives, such as a bank loan.

To ask for an installment agreement, use Form 9465, Installment Agreement Request. You should receive a response to your request within 30 days. But if you file your return after March 31, it may take longer for a reply."

irs.ustreas.gov
irs.ustreas.gov