Tag Archives: Extensiontax

Nearly 70 Percent of Taxpayers Used e-file in 2010

Nearly 99 million individuals filed their federal income tax returns electronically during 2010, a 3 percent increase in the IRS e-file rate. Of the 141.5 million returns filed so far this year, almost 70 percent were filed electronically.

Each year, more taxpayers chose to e-file their tax returns. Last year, nearly 95 million taxpayers or 67 percent used e-file. In the past decade, the number of individual tax returns e-filed has increased by 145 percent. The overall number of individual tax returns increased only by 8 percent. IRS e-file is no longer is the exception; now it is the norm.

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Can I get an Extension for Tax filing from the IRS?

Yes, you can get an extension of time from the IRS to file your tax return.

You can get an automatic six-month tax extension for filing Form 1040, Form 1040A or Form 1040EZ by filing Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return on or before April 15th. By filing the extension tax form, you avoid the late filing tax penalty. However, Form 4868 does not extend the time to pay your tax. You must pay the amount of the tax estimated to be due for the tax year. Interest will be charged on unpaid tax from the original due date of the tax return.

You should send your extension tax form to the IRS Service Center where you file your tax return. You can also request to pay any IRS tax due in Installment Payments.

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