It's Tax Day: Millions will file extensions
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Need more time to file your taxes? Here's what to do and what you'll owe. Credit: JJ Gouin / iStock / Getty Images Plus via Getty Images Taxpayers are preparing for the annual filing deadline, and (hopefully) keeping a keen eye out for potential tax scams.
Filing a tax extension can feel like a giant sigh of relief. You bought yourself some time, hit pause on the paperwork, and avoided a last-minute panic. Great! But before you go celebrating your six-month stay of execution... let's clear up a few things.