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What to know about applying for an extension on your tax return

The Internal Revenue Service reports that the deadline to file a 2023 tax return is Monday, April 15, 2024. The vast majority of taxpayers will have no issue filing by the deadline, but some may not be able to file on time. In such instances, taxpayers can apply for an extension of time to file.

An extension is not necessarily as straightforward as the term suggests. In fact, the IRS urges taxpayer…

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