Tax Extension Rules: Do You Still Have to Pay by April 15?

If you file a tax extension, you still need to pay your taxes by April 15.

In this episode, Clinton Donnelly explains how IRS tax extensions work, the difference between filing late and paying late, and what happens if you underpay. He breaks down failure-to-file penalties, failure-to-pay penalties, interest, and why estimating your taxes correctly matters.

You’ll learn:
• What a tax extension actually does
• Why an extension does not extend your payment deadline
• How IRS interest and penalties can build up
• Why paying an estimate by April 15 matters

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