What does filing an extension do?

• An extension is a form filed with the IRS to request additional time to file your tax return. The extension period is six months, which extends the due date for submitting your final returns from April 18 to Oct. 16.

• Filing an extension grants you additional time to provide your complete and accurate return, but you still need to estimate whether you will owe any taxes and pay that estimated balance by April 18.

• Extending your return allows us both more time to prepare your tax return to ensure filing of an accurate tax return. In many cases, you may still be waiting for additional information (e.g., Schedule K-1, corrected 1099s, etc.) to complete your return.