@fanfare wrote:
Please refer to Instructions for Form 8915-E.
"A timely filed tax return is the same thing as a 4868."
So now all my deadlines marked (including extensions) are available to me?
That makes no sense.
Not if you elect to pay over 3 years.
The instructions say:
Enter on line 10 the amount of any repayments you made before filing your 2020 return. Do not include any repayments made later than the due date (including extensions) for that return nor any repayments of nontaxable amounts. If you elected to spread the income over 3 years and you repaid more than the amount on line 9, the excess will be carried forward to your 2021 tax return. Repayments made after the due date of your 2020 return (including extensions) but before the due date of your 2021 return (including extensions) will generally be reported on your 2021 tax return if you elected to spread the income over 3 years.
So you can pay back up to the line 9 amount up to Oct 15.
A 4868 is an extension to file. It is irrelevant if you filed on time.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
