Need More Time to File Your Taxes? File An Extension It seems one minute you are receiving your W-2 in the mail, the next minute April 15th has passed. Maybe filing your taxes simply slipped your mind. Or maybe you knew you owe the IRS money that you just don't have. Whatever the reason, filing an extension is not the answer. Just because you are getting an extension to file, it doesn't give you an extension for paying the IRS. Read more to find out about tax extensions.