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IRS Makes Extensions Easier

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Taxpayers who need more time to file their tax returns can get a six-month extension using one simplified form beginning next year, the Internal Revenue Service said Friday.

One form will replace a two-step process, which automatically granted a four-month extension to taxpayers who requested extra time, but required taxpayers to have a good reason for getting another two months to finish the forms.

Extensions give taxpayers more time to fill out paperwork, but any taxes due must be paid by the annual April 15 deadline.

The tax collectors said they expect the change to save taxpayers $73 million to $94 million annually by eliminating and simplifying some forms.

IRS statistics show the number of taxpayers requesting an extension has increased each year to almost 9 million.