How can I file for a deadline extension for my cryptocurrency taxes?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we understand that sometimes you may need more time to file your cryptocurrency taxes. To request a deadline extension, you can fill out Form 4868, which is the Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. This form is available on the IRS website. Make sure to provide accurate information and a valid reason for the extension request. You can submit the form electronically or mail it to the IRS. Remember, an extension only gives you more time to file your tax return, not to pay any taxes owed. It's important to estimate and pay any taxes due by the original deadline to avoid penalties and interest charges. If you have any specific questions about filing for a deadline extension or need further assistance, feel free to reach out to us.
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