IRS extension
Definition
A formal request submitted to the Internal Revenue Service (IRS) using Form 4868, granting U.S. taxpayers an automatic six-month extension to file their federal income tax return, typically pushing the deadline from April 15 to October 15.
An administrative grace period provided by the IRS that extends the filing deadline for tax returns without extending the payment deadline, often saving procrastinators from immediate penalties but not from interest on unpaid balances.
Examples
After binge-watching true crime instead of crunching numbers, she filed for an IRS extension to buy six months of pretend productivity.
His IRS extension was like a hall pass from tax jail – freedom to party until October, as long as the check cleared by April.
The IRS extension turned her coffee-stained receipts into a summer project, proving even chaos gets a deadline do-over.
He celebrated his IRS extension approval with pizza, whispering 'thank you' to the form that delayed his date with deduction despair.