However, you still have an option where you can avoid the heavy penalties levied by the IRS. The IRS does provide a way to file for extension and when you do it, you have peace of mind for another six months. Filing for extension is free of cost provided you do it on time. Filing for taxes takes time and preparation. You need to at least dedicate one entire weekend if you have all the information ready. In case you do not have any of the information like bills and bank statements, then you need more time. Last minute when the due date is just around the corner, you cannot hurry up as you will end up filing for it improperly. The best way to go about things in this situation is to file for extension and take your time but do a neat and perfect job of filing. You can download form 4868 from the IRS website. Fill it out and make a check out for what you believe you owe in taxes. Then mail these two things to the IRS. This should be done before 15 April. The other alternative is to get an extension online by filing out the extension request on the IRS website itself. This also needs to be done before 15 April.
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