Filing a late tax return is subject to penalties and interest. The late payment of a balance due is also subject to penalties and interest.
To avoid additional penalties and interest for the late filing, I encourage you to file your tax return promptly even if you are unable to pay the balance due at this time.
You can request an IRS payment plan at the time you file your tax return, which will allow you an extended timeframe.
You may request penalty relief if you tried to comply with tax laws but due to circumstances beyond your control, you were unable to.
Help! I can't pay my balance due article provides details about the different payment plan options.
