ErickaY
Moderator
Moderator
‎September 20, 2023 12:23 PM
0 4 4959
‎September 20, 2023 12:23 PM

This sweepstake has ended

Thank you so much to everyone that participated! We appreciate you sharing your experiences with our community. A winner will be randomly selected and contacted to claim their prize.

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Welcome back to our new and returning community members! We’re so glad to have you here with us today. We’re excited to share another chance to win a $100 gift card this month. We’ll be discussing Extension Filing and how that may impact your tax planning. 

Tax extension filers are individuals or businesses who opt to request additional time to submit their tax returns to the Internal Revenue Service (IRS). This extension allows them to delay the filing deadline, which is typically on April 15th but is extended to October 15th. Tax extension filers may choose this option for various reasons, such as needing more time to gather necessary documentation, facing complex financial situations, or simply wanting to ensure accuracy in their tax filings. By obtaining a tax extension, these individuals and businesses can alleviate some stress and ensure they have ample time to complete their tax returns accurately and efficiently.

To be able to win the $100 gift card we’d like for you to comment on this post with the answer to these questions: If you, a family member, or someone you know has filed an extension with the IRS, what was the reason? Are you/they ready to file, officially, next month?

If you’d like to learn more about tax extensions we have plenty of experts available to answer all of your questions! Join us for a LIVE Q&A on Wednesday, September 27th any time between 9:00am and 5:00pm Pacific Time to ask Tax and Financial Experts  your questions and get advice about taxes and personal finance, for free! Learn more and RSVP here.         

Remember that replying to this post by telling us about why an extension was filed and letting us know if you are ready to file next month will enter you in a chance to win a $100 gift card. A winner will be randomly selected from this thread on September 27th, 2023.                                                                                                             

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We will be hosting the Extension Filers Sweepstakes to give you, and others, the opportunity to share your experiences. One lucky winner will be chosen randomly to receive a $100 gift card.

  • WHAT: Sweepstakes for a $100 gift card
  • WHEN: Entries will be accepted from September 20, 2023 through September 27, 2023 at 5:00 pm Pacific Time
  • HOW: Enter by adding a comment to this post sharing why you, a family member or friend filed an extension and if you/they are ready to file next month. If you are the winner, we will send you a private message. The winner will be selected at random on September 27, 2023
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Comments
Delturba01
Level 2
‎September 26, 2023 10:54 AM
‎September 26, 2023 10:54 AM

I filed an extension due to pending guidance from the IRS regarding the FTX activities. How do we claim a frozen account from this circumstances? or do we file it in this tax year or 2023 tax year?

Delturba01
Level 2
‎September 26, 2023 10:57 AM
‎September 26, 2023 10:57 AM

Can a vehicle loss in an auto crash be claimed on the 2022 taxes?

TexasAubs
Level 2
‎September 26, 2023 11:59 AM
‎September 26, 2023 11:59 AM

I filed an extension this year.  This is our 1st year as a LLC, S-corp.  Prior years I filed as sole proprietor and did my business and personal together.  I did not know that corporate taxes have a different due date, so the tax person had to file an extension.  That delay meant I had to file an extension on my personal taxes.  Not ready to file yet due to some answers I nee on my personal taxes.

neetah
New Member
‎September 27, 2023 11:17 AM
‎September 27, 2023 11:17 AM

@Delturba01 

You can not claim a personal vehicle loss due to an auto crash on the 2022 tax return.