2024 FEDERAL TAX EXTENSION REQUEST

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By filing a federal extension, the IRS will grant a 6 month extension of time to file. This extension is a request to file after the May Deadline, this is NOT an extension to pay your taxes after the original due date. 

The extension request and all taxes owed for the current tax year MUST be paid and filed by the filing date deadline May 17th in order to avoid penalties and interest.  There is Hope Financial charges a $50 filing fee for the preparation of the Federal Extension which will be applied to your tax preparation fee. We accept CashApp, Zelle, Venmo, credit cards, cash  and checks.

FILING EXTENSION OPTIONS 

1. Zero Tax Due: If you believe you will not owe any additional tax when filing your income tax returns. Extensions will be filed with a zero balance. 

2. Pay Stated Amount: If you would like to send a payment with the extension, you will need to provide the amount, and our office will prepare the extension accordingly. 

3. Estimated Amount Based on your Income: You also have the option to have There is Hope Financial calculate your federal and state taxes. To project your estimated taxes, our office will request for you to complete an organizer with your income information and associated expenses. Please note this is an additional service and will be subject to an additional fee. 

4. Quarterly Estimated Tax Payments: those payments are due even if your income tax return has been extended. If you choose to have There is Hope Financial calculate tax estimates for your extension, we may calculate your current quarterly estimated tax payments based on the prior year data; any other calculations will be subject to an additional charge. 

If you were to owe additional tax once your income tax return is completed, you will be subject to late payment penalties, underpayment penalties and interest  Click to view IRS webiste