Tax Extensions For Military Personnel

Members of the U.S. military have more flexible rules- Any time spent continually hospitalized due to injuries
regarding tax payment, in recognition of their service. Ifsustained in a combat zone (up to five years)
you're a member of any American military branch,- 180 days on top of the two time periods calculated
here's what you need to know about tax extensions:above
Extensions for Soldiers Deployed OverseasThis extension includes the tax preparation time you
If you are serving overseas during tax season, you arewould have had if you weren't serving overseas. For
automatically granted a two-month extension, with noexample, if you deployed March 1, you would earn a
paperwork required and no payments or penalties226-day extension - 180 days for the automatic
assessed. If you need more than two months, you canextension, plus the 46 days between March 1 and April
e-file IRS Form 4868 online and get an income tax15.
extension until October 15.During this extension period, no penalties or interest will
This extension is designed for personnel serving inbe assessed on your taxes. This extension applies to
non-combat areas. If you are deployed in aany and all taxes due, whether from income,
combatzone, or move to one from a non-combat areainvestments, capital gains or anything else.
while overseas, see below.Remember, this tax extension applies only to your time
Extensions for Soldiers Deployed in Combat Zonesserved directly in a combat zone. If you are initially
If you are serving or have recently served in a combatdeployed to a non-combat area, and are then moved
zone, you have additional options for tax extensions.to a combat zone, your tax extension will only be
You are allowed an extension that equals:calculated from the date you arrive in the combat
- The amount of time served in a combat zone beforezone.
taxes are due