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Old 03-26-2016, 10:19 AM
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Typo in form 4868 - extension of tax filing

I filed IRS tax extension form 4868 online today using Turbotax. It was approved by IRS. After the approval came through, I noticed that I'd made a typo in the form line 5 - "Total 2015 payments". This line should reflect the tax withheld amount from the W2 (money withheld from paychecks throughout the year). In my case, owing to a typo, I've submitted a higher amount in this line than what is actually withheld as per W2. Could someone please let me know if this could become a problem? What can I do now?

PS: My response to form 4868 line 4 (Estimate of total tax liability for 2015) is $0


Last edited by ustaxnewbie : 03-26-2016 at 10:25 AM. Reason: Clarity


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Old 03-26-2016, 07:14 PM
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I filed IRS tax extension form 4868 online today using Turbotax. It was approved by IRS. After the approval came through, I noticed that I'd made a typo in the form line 5 - "Total 2015 payments". This line should reflect the tax withheld amount from the W2 (money withheld from paychecks throughout the year). In my case, owing to a typo, I've submitted a higher amount in this line than what is actually withheld as per W2. Could someone please let me know if this could become a problem?=>no big dealaslongas you pay correct amount of tax on 1040
When you prepare your individual income tax return you just include theaccurate tax payment that should be on line 5 of form 4868


What can I do now?====>as mentioned above.



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Old 03-27-2016, 11:24 AM
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Quote:
Originally Posted by Wnhough View Post
I filed IRS tax extension form 4868 online today using Turbotax. It was approved by IRS. After the approval came through, I noticed that I'd made a typo in the form line 5 - "Total 2015 payments". This line should reflect the tax withheld amount from the W2 (money withheld from paychecks throughout the year). In my case, owing to a typo, I've submitted a higher amount in this line than what is actually withheld as per W2. Could someone please let me know if this could become a problem?=>no big dealaslongas you pay correct amount of tax on 1040
When you prepare your individual income tax return you just include theaccurate tax payment that should be on line 5 of form 4868


What can I do now?====>as mentioned above.
Thank you very much for your response. I feel relieved!



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