topic Purpose of getting extension to file taxes after Palisades fire in Get your taxes done using TurboTax

Purpose of getting extension to file taxes after Palisades fire

Face_in_the_crowd — Thu, 27 Feb 2025 23:39:31 GMT

My house burned down in the Palisades fire. I heard that I can get a delay in filing until October. Not sure how I do this. Do I need to file a form of some sort? And if I'm ready to file my taxes, why not just file away? What's the benefit? I don't otherwise earn any interest on money that sits in my checking account.

Re: Purpose of getting extension to file taxes after Palisades fire

Miss MCJ2 — Thu, 27 Feb 2025 23:48:39 GMT

The benefit ia meant to make it easier on those left homeless or unable to pay their taxes befoe October 15.

Re: Purpose of getting extension to file taxes after Palisades fire

DIY_Tax_Person — Fri, 28 Feb 2025 00:41:27 GMT

For someone who wants the extension until October, what do they have to do? File some sort of form?

Re: Purpose of getting extension to file taxes after Palisades fire

fanfare — Fri, 28 Feb 2025 02:38:48 GMT

If your zip code is in the disaster area, the extension is automatic. It may not extend to Oct 15.

To get the full extension you have to file Form 4868 OR make a payment of $5 or more on IRS direct pay, select "EXTENSION"

@DIY_Tax_Person