2 Federal Income Tax Questions To Ask Someone

Federal income tax questions should be raised with a tax professional or IRS taxpayer assistance agent who can provide you with the information you need concerning your tax situation. When asking “someone” a tax question, these individuals you ask should have the knowledge about the complexity of the tax code and how it may apply to your own situation.

Forms Needed to File Income Taxes

General questions that may be asked are what type of forms do I need and what happens if I am unable to pay my taxes by the 15th of April? Regarding forms, most taxpayers will file the Form 1040 or 1040EZ for their individual taxes. Additional forms that are needed depend on a person’s tax situation and would require some additional research to determine what those forms may be.

How Do I Request an Extension of Time?

In the case where a person has a concern about being able to meet an expected income tax liability by the 15th of April, it is possible for them to request an extension of time. This is a common question that is asked and the answer is that filing the Form 4868. A tax amount may still be due at the time of the filing, but the form buys additional time for the filer to get their paperwork in order so to complete their required income tax filing.