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Need more time for taxes? File an extension

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Your income tax return is due April 17 (you get two extra days this year). If you can't finish it by then, don't panic. You can get an automatic extension to file your return by Oct. 15, 2012. However, obtaining an extension of time to file your return does not extend the time you have to pay any taxes due the Internal Revenue Service. Your tax payments (if any) are still due on April 17. So, if you do owe the IRS money, you'll need to estimate out how much and pay the amount before April 17. If you pay late, you'll be charged interest and possibly penalties as well. There are three ways you can request an automatic extension of time to file your income tax return: Electronically file Form 4868 (PDF): Application For Automatic Extension of Time To File U.S. Individual Tax Return, at www.irs.gov.Pay all or part of your estimate of income tax due using a credit or debit card.File a paper Form 4868 by mail. If you file your Form 4868 electronically, you will receive an ackn...