Your federal tax return, with any taxes owed, is due on April 17. What should you do if you cannot pay?
- If you cannot pay your taxes because it would result in undue hardship, you may qualify for a 6 month extension to pay. In order to qualify for this extension, you must file form 1127 by the due date of the return. Your reason for extension will need to be explained and documented in order for consideration. Continue reading