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Last-Minute Tax Day Filing

By Trae Bodge

“Filing for an extension doesn’t get you an extension to pay,” confirms Betterment Head of Tax Eric Bronnenkant. “Let’s say you don’t pay by April 17th, well then you’re still going to have to pay interest on that money later anyway.” He summarizes, “Requesting an extension doesn’t solve any problems, if your only problem is that you expect to owe money.”

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This article originally published April 13th, 2018 on MoneyTips