According to IRS Publication 301 for Tax Year 2004:
"...an extension of time to file is not an extension of time to pay. You will owe interest on any past–due tax and you may be subject to a late–payment penalty if payment is not made timely".
File a Tax Extension with TurboTax for Tax Year 2004
By Shelley Elmblad, About.com
After entering your information in TurboTax for Tax Year 2004, you may find that you owe taxes and you must remit payment with your extension form. The extension only gives you the right to an additional 4 months to get your return submitted to the IRS, it is not an extension on the due date of your taxes.
Index: File a Tax Extension with TurboTax for Tax Year 2004
- Gather Information for TurboTax
- Get Started with TurboTax for Tax Year 2004
- Select a Return to Extend
- New Return - Fill In Information in TurboTax for Tax Year 2004
- Existing Return - Fill In Information in TurboTax
- Write the Check for 2004 Federal Income Taxes
- Print and Mail Your Exension
- Check Into State Extension Requirements
Elsewhere on the Web
Explore Financial Software
Must Reads
By Category
More from About.com
Work Hard, Travel Easy
The best tips for business travelers.Dog Care
Get tips on training and caring for dogs of all ages.48 Hours in Vegas
Plan a hot weekend in Sin City.Hotel Advice
The must-stay hotels worldwide.
©2008 About.com, a part of The New York Times Company.
All rights reserved.