Quote:
Originally Posted by Stephen Hoover
Extentions are not valid for money owed - only for the paperwork accumulation.
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This isn't true, at least under normal circumstances. Taxes have to be filed by April 17th even if the money isn't able to be paid.
I do taxes for myself and a friend all the time. She owes money and last year I filed for an extension but didn't file the paperwork. They told me that the paperwork gets filed regardless, and the extension is for the money owed.
It's the same way this year. She owes again this year but I've already filed her paperwork. The money will be sent by October.