Submitted by one-eye-owl t3_1263ycv in personalfinance
creative_usr_name t1_je8adex wrote
Reply to comment by one-eye-owl in My husband and I owe 22k in taxes but we only made a combine total of 75k by one-eye-owl
Be aware an extension does not mean you get an extension on when you need to pay your taxes, you still need to make an estimate and pay by tax day. The extension is only for filing the return.
Asianmamacita t1_je8c9kw wrote
Yes, that’s something people don’t get about extension. It doesn’t extend the time to pay.
As for this post, If the tax preparer is incredibly off on their number, they might not owe anything or potentially already safe harbored based on 2021.
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