Category: Form 4868

Extend your 1040 Deadline by filing Form 4868

Posted on May 11, 2021 by - E-File Form 4868, Form 4868, IRS extension

We get it and so does the IRS. Things happen and you just aren’t able to meet those deadlines.

It can be pretty tough to get everything together that you need when filing your tax return. Lucky for you, there is a way to ask the IRS for up to 6 months more time.

The personal income tax deadline is typically April 15, but with an extension, you may not have to submit your forms until October 15th.

Due to COVID-19 Pandemic, the IRS has extended the 2020 Form 1040 deadline to May 17, 2021.

If you don’t think you can complete your 2020 federal 1040 tax return by the May 17 deadline, you’ll want to think about filing a Form 4868 now! The Form 4868 is used to ask the IRS for extra time to file personal income taxes.

Please note,  Form 4868 only pushes back the filing deadline for your tax documents. It doesn’t give you extra time to pay any taxes that you might owe. If you think you may owe money this year, you’ll need to estimate the amount after filing for your extension.

Penalty Threats

Filing late can get pretty costly. The penalty can be up to 5% of the unpaid tax amount for each month you are late. If the return is more than 60 days late, the minimum penalty is $135 or 100% of the unpaid tax, whichever is less.

Filing Form 4868 will give you ample amount of time to get your ducks in a row. If you know you may late, go ahead and file for an extension and get until October 15th to file your tax return.

Form 4868 is an automatic Form, which means the IRS doesn’t require any explanation.

Form 4868 is made up of two parts. Identification information is included in part I and individual income tax information is in part II.

Part I & II

Part I – Identification

  • Name(s) 
  • Mailing addresses
  • Social Security number (SSN)
  • Employer Identification Number (EIN) 

Part II – Individual Income Tax

  • Estimate of Total Tax Liability (be sure to be as accurate as possible)
  • Total Payments
  • Balance Due
  • Amount You’ll Be Paying

If you’re thinking of filing a personal tax extension, here are steps to make completing it a little bit simpler. 

Filing Form 4868 Electronically

E-filing is the quickest and easiest way to submit your tax extension to the IRS. By filing Form 4868 electronically, the IRS will process your return quickly and provide you with the return status instantly.

Get started with the leading IRS-Authorized e-file provider, ExpressExtension, and complete your extension in minutes.

  1. Enter Personal Details
  2. Enter balance tax due details
  3. Review your Form 4868
  4. Transmit your return to the IRS

Check with the demo video on how to complete Form 4868 with ExpressExtension:

E-file Tax Extension Form 4868 now and extend your 1040 filing deadline to avoid late filing penalties.

Are You Prepared For These Tax Deadlines?

Posted on April 12, 2017 by - 1040 deadline, 2290 deadline, 4868 Deadline, E-file HVUT, e-file IRS Form 4868, Form 2290, Form 4868, IFTA, ifta deadline, IFTA online filing, Tax time, truck driver, truck taxes, Trucker

How are things going? We know it’s a busy time since business picks up in the spring. Plus, you’re really focusing on driving carefully due to all the crazy storms that are popping because of unpredictable April weather. On top of all that, tax season is here!

Luckily you have ExpressTruckTax here to help out in any way we can by providing you with a simple way to quickly e-file your HVUT, calculate your IFTA totals, and inform you about upcoming tax deadlines. So, let’s take a look at what’s coming up.

Upcoming Tax Deadlines

Watch out, at the end of the month your first quarter IFTA report is due! The deadline falls on April 30th, which is a Sunday. Since the deadline falls on a weekend day, the actual IFTA deadline is on the next business day, Monday, May 1st. That gives you the entire weekend to calculate your IFTA totals!

But who wants to spend their weekend calculating when they could be relaxing and watching the game? That’s why we’ve made it extremely easy to quickly calculate and keep track of everything you need for your IFTA totals.

You can use the quick entry screen to keep up with your odometer readings, quickly calculate your totals with our fuel tax calculator app, keep up with your miles per jurisdiction with our trip sheets, and more.

Your HVUT is due annually on August 31st, so you may feel a little more relaxed about that deadline since you have all summer to file your 2290. However, if you have a new truck or new to you truck then your HVUT is due the last day of the month after your first used month. Meaning if you first use your new vehicle in April then your 2290 is due by May 31st.

ExpressTruckTax is the market leading HVUT solution because we’ve simplified the e-filing process to help you fill out your Form 2290 and receive your stamped Schedule 1 in a matter of minutes.

Our step-by-step guide will help you instantly complete your 2290, and our 2290 calculator will help you accurately calculate how much you owe. Plus, your vehicle information will be saved for next time, and we offer free VIN corrections. After you’ve transmitted your 2290 to the IRS you’ll quickly receive a copy of your stamped Schedule 1 via email.

All of that stuff is great for your truck taxes, but what about your personal taxes?! The Income Tax Return Deadline is quickly approaching April 18th! We understand that while you’re busy out on the road it can be difficult to gather all the information necessary to file.

That’s why we have your personal tax filing solution. Simply head to our sister company, ExpressExtension, to e-file Personal Tax Extension Form 4868. IRS Form 4868 is for individual and joint taxpayers to apply for an additional 6-months to file their personal income tax returns.

The process is easy, you spend a few minutes filling out Form 4868 and transmit it to the IRS by the April 18th deadline to instantly receive 6 extra months to file your return, pushing your deadline back to October 16th. Visit ExpressExtension.com for more information.

If you need to file while out on the road, no problem. Simply download the free 4868 app to your smartphone or tablet to file 1040 extension online at any time from any location.

Contact Us

Tax time is a busy time and it can also be a confusing time. That’s why the dedicated ExpressTruckTax team is standing by to help. We will be more than happy to assist you with any questions that you may have. Call us anytime Monday – Friday from 9 AM to 6 PM EST at 704.234.6005, live chat with us, or take advantage of our 24/7 email support at support@expresstrucktax.com.

Ready for April? 3 Important Moves to Make RIGHT NOW!

Posted on April 6, 2016 by - 1st Quarter IFTA Deadline, April, diet, exercise, fitness, Form 4868, healthy living, International Fuel Tax Agreement, Personal Tax Extension, taxes

Alright Trucking Nation, April is here! And that means a few things for us in the transportation industry.

What’s going on in April? Well, your personal taxes and fuel taxes are both due. And there’s a chance for you to work on your health!

Extend Your Taxes

First up, your personal taxes are due April 18th. Normally they would be due April 15th, but the weekend buys you some time! And you can get even more time with a Personal Tax Extension Form 4868.

Let’s face it, filing your taxes isn’t fun. But do you know every deduction a trucker can file? There are a lot, so don’t sit on this! And yeah, finding some more deductions doesn’t make it fun. But it makes filing a little bit easier, don’t you think?

Whether you’re filing by yourself or you have someone filing for you, you can get an extension for an additional 6 months to file Form 1040, 1040A, 1040-EZ, 1040NR, 1040NR-EZ, 1040-PR, or 1040-SS.

Let’s Get Ready for IFTA!

Alright, we know you don’t want to hear all this tax stuff. If you’re anything like me, it just gives you anxiety. But that’s why we try to make things easier.

How easy? Well, the same login credentials you use for your ExpressTruckTax account works for ExpressIFTA. So you can generate your fuel tax report with the same ease of use that you expect for your 2290s.

How else can you get ready? Instead of waiting until the last moment, take this next week to gather all of your fuel records and trip sheets.

If you’re not running around like a chicken with your head cut off, IFTA is pretty easy, really.

And if you want to make your next round of IFTA even easier, pick up an app like TruckLogics. With this handy cloud-based trucking management software, you can generate and send invoices, create profit & loss reports, and use ProMiles for one-click trip sheets.

Now Is the Time to Get Healthy

Okay, you were supposed to get healthy at the new year. But you didn’t!

If your diet fell apart three weeks into the new year, let April be the month you get healthy!

How? Well, eat better. Change your diet to focus on whole grains, whole veggies, and lean meats and proteins. Yeah, that doesn’t sound as great as a bucket of hot wings, but you need to make some changes.

After you get your diet in check, find time to exercise! We know you can! No excuses. In fact, we’ve told you how to turn your trucking environment into a portable gym. So don’t let that stop you.

Besides, you want that beach bod, don’t you? Ha!

So use April as your time to shine with your personal taxes, fuel taxes, and physical well being. If you have any questions about e-filing your fuel taxes, give the support experts a call at 704.234.6005 or an email at Support@ExpressTruckTax.com.

Are YOU ready for April?