rjs
Level 15
Level 15

Get your taxes done using TurboTax

Pay your best estimate of the tax that you owe with the extension. You'll settle up for any difference when you file your tax return. If you end up owing a significant additional amount you might be charged a penalty for late payment. The only alternative is to pay the maximum that you could possibly owe with the extension, and plan on getting a refund when you file the tax return.