Can I Pay My Taxes Later If I File an Extension?
It is quite common for a lot of people to be late when it comes to getting their taxes filed on time and this is never a good idea. You will certainly want to be sure you do all you can to get your taxes filed when they should be, however if something occurs that you can’t get them done it is possible to file for an extension. The one thing that a lot of people simply do not understand is the fact that even though you can file an extension, this does not mean that you can wait when it comes to paying the amount that you owe however. Many people mistakenly think that when they file for an extension, they can pay their taxes later but this is not how it works. When you file for an extension, it simply means that you can file the paper work later, but this does not mean that you can pay later and a lot of people do not quite understand this. However, it is a fact, so you will certainly want to do all you can to get the best possible understanding you can when it comes to filing your taxes
