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Do I have to send money if I owe it to file an extension?

 
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2 Replies
Kat
Level 15
Level 15

Do I have to send money if I owe it to file an extension?

Yes, that's the only way to avoid penalties for late payment.  Filing an extension doesn't delay the date that tax liability is due.  An extension only delays the filing date.  See the TurboTax FAQ below which explains how to pay taxes when filing for your extension.

https://ttlc.intuit.com/replies/4553349

Here's a link to the TurboTax webpage for filing TurboTax Easy Extension:

https://turbotax.intuit.com/irs-tax-extensions/

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
Kat
Level 15
Level 15

Do I have to send money if I owe it to file an extension?

Edited after original answer.
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
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