Impact of Filing Extension on Your Tax Refund Schedule

If you file for an extension, your tax refund schedule will be delayed. The IRS typically grants an automatic extension for those who need more time to file their taxes, but it only extends the filing deadline—taxes owed are still due by the original date. For those anticipating a refund, filing an extension means your refund will not be processed until after the extended deadline, which is usually October 15. Taxpayers who owe taxes but are expecting a refund may find themselves in a more complex situation due to interest and penalties.