The Internal Revenue Service has given some farmers, fishermen and other agricultural industry taxpayers until March 10 to electronically file the newly revised Form 4136, "Credit for Federal Tax Paid on Fuels."
This year, the IRS said they have to wait until March 3 to e-file their 1040 returns with Form 4136. Normally, 1040 filers who are farmers or fishermen are not required to make an estimated tax payment if they file their return and pay all taxes due by March 1. But this year, because March 1 falls on a Saturday, the date extends to Monday, March 3.
For eligible farmers and fishermen who attach Form 4136 to their Form 1040, the return will be considered timely with all taxes paid if the return is e-filed and accepted on or before March 10 and all taxes due are paid on or before March 10.
The delay does not affect farmers and fishermen who are not attaching Form 4136. Likewise, paper filers, whether or not they are attaching Form 4136, are also not eligible for the extra time.
The IRS estimates this delay affects approximately 77,000 farmers and fishermen who electronically file Form 1040 with Form 4136 in the early weeks of the filing season.
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