What are the steps to request a tax extension for my digital currency taxes?

1 answers

• Dec 18, 2021 · 3 years ago
  Certainly! Here's a step-by-step guide to requesting a tax extension for your digital currency taxes: 1. Know the deadline: Find out the original deadline for filing your digital currency taxes. 2. Complete Form 4868: Fill out Form 4868, the Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. 3. Provide your information: Include your personal details, such as your name, address, and Social Security number, along with the estimated tax amount. 4. Submit the form: You can either mail the completed Form 4868 to the appropriate IRS address or electronically file it through the IRS website. 5. Await confirmation: Once the IRS receives your request, they will send you a confirmation of the tax extension. Remember to pay any estimated tax owed by the original deadline to avoid penalties and interest charges. I hope this guide helps! If you have any more questions, feel free to ask.
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