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I want to file an extension this year 2021, Do I need to complete my taxes first on Turbo tax?

I need to file an extension for 2021, do i need to complete my taxes on Turbo tax first to see how much I owe?
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I want to file an extension this year 2021, Do I need to complete my taxes first on Turbo tax?

Filing an extension for whatever reason (missing documents etc.), is okay as long as you pay in what you think you owe for 2021before the 4/18 deadline.  If you are missing a piece of information that you need to complete the return, give it your best estimate.  

TomK100
Expert Alumni

I want to file an extension this year 2021, Do I need to complete my taxes first on Turbo tax?

Not exactly.

 

IRS extensions for tax year 2021 must be filed on or before April 18, 2022 for domestic taxpayers.

It isn't possible to file a post-deadline extension.

 

Keep in mind: An extension doesn't give you extra time to pay your taxes — but it will keep you from getting a late filing penalty. (You'll still owe interest if you pay after the deadline).

  1. Open your return in TurboTax Online.
    (To do this, sign in to TurboTax and select Pick up where you left off).
  2. Select File an extension at the bottom of the column on the left side of the screen.
    • If you don't see the File an extension button in Step 2 above, search for extend using your product's search function and select the Jump to link at the top of your search results.
  3. Follow the on-screen instructions to e-file your extension.

Note: If you're paying additional taxes owed with direct debit, you'll need to provide your 2020 AGI for verification purposes (if you didn't file a 2020 return, enter 0 as your AGI).

If you don't have your AGI, or your extension gets rejected for the wrong AGI, here are 2 options:

  1. Recommended: Pay your taxes at IRS Direct Pay (this also automatically gives you an extension).
  2. Download and print Form 4868, fill it out, and get it postmarked before 11:59 p.m. on April 18. Payment and mailing instructions are on pages 3 and 4 of your printout.

If you filed prior to the deadline, but were rejected, you will likely have until April 22 to mail in your extension.

 

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I want to file an extension this year 2021, Do I need to complete my taxes first on Turbo tax?

You do not need to finish filling out the forms, but if there will be taxes due, you will need to pay those or might be required to pay a penalty and/or interest later on. 

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