by: Gamers DXBPosted on: April 14, 2023 Still need to file your taxes? Here’s what you need to know Society & Culture Post navigation Previous PostPrevious “Latest Stock Market and Bank Earnings Updates: Dow and S&P 500”Next PostNext Dubai-based luxury fashion influencer Anastasia Shev Invited to Walk the prestigious Cannes Film Festival red carpet wearing Dubai-based fashion label Kristina Fidelskaya – PRWire
 the combat zone. This IRS publication offers more detail.</p>
<p>So if you suspect you still owe tax — perhaps you had some income outside of your job for which tax wasn’t withheld or you had a big capital gain last year — approximate how much more you owe and send that money to the IRS by Tuesday.</p>
<p>You can choose to do so by mail, attaching a check to your extension request form. Make sure your envelope is postmarked no later than April 18.</p>
<p>Or the more efficient route is pay what you owe electronically at IRS.gov, said CPA Damien Martin, a tax partner at EY. If you do that, the IRS notes you will not have to file a Form 4868. “The IRS will automatically process an extension of time to file,” the agency notes in its instructions.</p>
<p>If you opt to electronically pay directly from your bank account, which is free, select “extension” and then “tax year 2022” when given the option.</p>
<p>You can also pay by credit or debit card, but you will be charged a processing fee. Doing so, though, may become much more costly than just a fee if you charge your tax payment but don’t pay your credit card bill off in full every month, since you likely pay a high interest rate on outstanding balances.</p>
<p>If you still owe income taxes to your state, remember that you may need to go through a similar exercise of filing for an extension and making a payment to your state’s revenue department, Martin said.</p>
<p><strong>Use this interactive tax assistant for basic questions you may have:</strong> The IRS provides an “interactive tax assistant” that can help you answer more than 50 basic questions pertaining to your individual circumstance on income, deductions, credits and other technical questions.</p>
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