Individual taxpayers can obtain an automatic extension of time to file a calendar year Form 1040 until October 15 of the following year.

Question

Quizplus · Accepted Answer

This is true according to IRS guidelines. However, it is important to note that an extension of time to file does not extend the deadline for paying any taxes owed. Taxpayers must still estimate and pay the amount they expect to owe by the original due date (usually April 15) in order to avoid penalties and interest.

Individual Taxpayers Can Obtain an Automatic Extension of Time to File