Tax extension or not?

Question

I get paid on friday and I owe the feds 29 bucks, should I file an extension today and then pay or will it hurt to not file one and just pay on friday...also, Im in GA and i owe them 450 how do I go about filing an extension for them?

Answer 1

You really should file for a federal extension but I don't suppose penalties if you don't file and pay until Friday will be anything to worry about.

An extension is for filing, not for paying, so that won't really help for GA. Just go ahead and file without the money - they'll contact you and ask for it. Paying late will cost you extra, but if you don't have it now, not much you can do.