How does a tax extention work?

i live in california. the only job i had in 2018 was working for Door Dash food delivery. i made about 15k.

i never paid quarterly taxes, and i never even filed taxes but in April i did request an extention and ithink it said i have until october.

i bought a hybrid car last year so i should probably quallify for ev tax credit anways.

just curious how the extention process works?

also i never paid quuartely taxes for the first half of 2019 door dash earning even though i quit in April.

11 Answers

Relevance
  • 11 months ago

    If you ask, you can get until October 15 to file.

    • Commenter avatarLogin to reply the answers
  • 11 months ago

    If you filed the extension by the tax deadline, then you do have more time to file your tax return. Claim your deduction (1 - you), your 15k income, any other income, etc. and file it and send in a check with your tax return. If you don't know how to do that, hire an accountant to do it for you.

    • Commenter avatarLogin to reply the answers
  • 11 months ago

    Not the way you think. There is no extension of the date when you must pay. An extension only gives you more time to file -- but you still have to pay on time.

    • Commenter avatarLogin to reply the answers
  • 11 months ago

    [You did the extension correctly.] 2018 and 2019 are separate years. Yes, the extension gives you until Oct 15 TO FILE but if you owed 2018 taxes, they were supposed to be paid quarterly and then in full by April 15 - so you will be assessed some penalties and interest. You should remit 2019 quarterly taxes due soon.

    • Commenter avatarLogin to reply the answers
  • How do you think about the answers? You can sign in to vote the answer.
  • NA
    Lv 7
    11 months ago

    Were you reimbursed for mileage?

    If yes, you probably owe $300 in income tax (which you might have a credit against) and $2200 in self employment tax.

    If you can't pay, you can get an installment agreement.

    • Commenter avatarLogin to reply the answers
  • Anonymous
    11 months ago

    You just file and the rest takes care of itself. If you owe the tax software will tell you.

    • Commenter avatarLogin to reply the answers
  • Judy
    Lv 7
    11 months ago

    You just go ahead and file. You might or might not get a credit for your hybrid.

    • Commenter avatarLogin to reply the answers
  • 11 months ago

    i would call a tax place and ask them this question

    • Commenter avatarLogin to reply the answers
  • 11 months ago

    You have until October 15th to file for 2018.

    The extension was only for filing the return. You were still supposed to pay by 4/15. If you did not, you will charged interest and failure to pay penalties back to that date.

    Note; The tax credit for many hybrid models has expired. What year and model did you buy?

    • david10 months agoReport

      2017 toyota prius prime

    • Commenter avatarLogin to reply the answers
  • 11 months ago

    You filed for an extension and were required at the time to pay your estimated taxes when doing so. You have until October 15 to complete your official taxes and turn them in. If you owe taxes and did not pay them your estimate by April 15, then you will likely have interest and possible penalties to pay as well.

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.