Less than one month remains until the deadline for 560,000 New Yorkers who requested a six-month extension to file their 2011 individual tax returns.
On Oct. 15, an estimated 10.5 million taxpayers who requested the extension must file their tax returns.
One fast, accurate and secure way for taxpayers to file is through IRS e-file, IRS spokeswoman Dianne Besunder said.
Most taxpayers qualify for e-file regardless of whether they prepare their returns themselves or use a paid preparer. Those with incomes below $57,000 per year can file their returns for free using the Free File link on the IRS’s website.
Taxpayers who file electronically can also e-pay by authorizing an electronic funds withdrawal or making a credit card payment. The IRS does not charge a fee for processing a withdrawal, but credit card payments are subject to fees by the authorized-service providers.
Paper and electronic filers who cannot pay what they owe could be able to set up a payment agreement with the IRS. For more information, check out the Online Payment Agreement on the IRS’s site.
In addition, some taxpayers can wait until after Oct. 15 file, including those who are serving in Iraq, Afghanistan or other combat zones as well as people affected by recent natural disasters.