What will happen if I file my extension on 15th Apr?
42 views | Last modified 3/24/2020 10:13:06 AM EST

You definitely qualify for a 3-month extension of time from July,15, 2020, since the first 3-month extension of time is automatically granted to you by the IRS. However, you can make sure that you pay your tax dues to the IRS on or before July, 15, 2020 to avoid penalties or interest.

In this case, though you get an automatic 3-month extension i.e. until October 15, 2020, you can make use of that period to file your individual tax return rather than making your tax payments. If so, then you have to pay it along with the applicable penalties or interest.

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