What Does a Tax Extension Actually Do?

What an extension does and does not cover

• Estimated tax due may still need to be paid by the original deadline.
• Information can continue to be collected after the extension is filed.
• Evening Star will complete the return once the required information is available.
• Do not assume an extension means there is no tax obligation.

If you expect to owe

Tell us what you know about the year — large gains, a strong business year, a retirement distribution, a property sale — so an extension payment can be considered.

• Tax payment information

While the extension is open

Continue gathering documents using the checklist that applies to you.

• Individual Tax Checklist
• Business Tax Checklist