If you be granted an extension, can you profile another extension to settle more within?
How can I minimize the penalty and interest? We immediately estimate that more import tax will be due than what be remunerated beside the 4/15/07 extension, but we won't enjoy adjectives the info needed to report the return til 10/15/07 (due to some postponed K-1s).
Answers:
Not sure I would do what Pepsi suggested, the IRS will imagined apply it to a 2007 estimated transfer of funds. Get your due return completed as soon as possible to minimize belated money cost and interest.
No extramural extension to do what you are asking. Instead merely digit out how much more you cogitate you call for to income and simply transport it surrounded by to impossible to tell apart place you sent the 4/15 extension donation to, beside matching information written on the check.
Even if you could capture another extension, it wouldn't aid you on the costs side beside penalty or interest. An extension is a short time ago to directory, not to remuneration.
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Answers:
Not sure I would do what Pepsi suggested, the IRS will imagined apply it to a 2007 estimated transfer of funds. Get your due return completed as soon as possible to minimize belated money cost and interest.
No extramural extension to do what you are asking. Instead merely digit out how much more you cogitate you call for to income and simply transport it surrounded by to impossible to tell apart place you sent the 4/15 extension donation to, beside matching information written on the check.
Even if you could capture another extension, it wouldn't aid you on the costs side beside penalty or interest. An extension is a short time ago to directory, not to remuneration.