Most people don’t realize this: Filing an extension for your personal tax return comes with:
No penalty just for filing the extension.
A one-page form—super simple.
No extra cost, except you need to send in any taxes you think you’ll owe.
Pro tip: Estimate based on last year’s return. As long as you’re within 10% of the right amount, you won’t get hit with penalties.
Sometimes, buying yourself more time is the best tax strategy.
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