If you're expecting a tax refund, there's no need to panic. You don't even need to file an extension.
2011 tax returns that are due a refund are given until April 15, 2015 (October 15, 2015 with an extension) to be filed with the IRS before the statute of limitations on the refund runs out. If you don't file by then, the U.S. Treasury simply keeps your "donation."
However, if you owe additional taxes, there is no statute of limitations. For this reason, try to file your income tax return as soon as you can. The longer you wait, the more interest and penalties are assessed on top of the money you already owe.
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