Wakelaw2006
Well-known member
For the tax ignorant (this is why I have my accountant) what are extends and what does this mean?
In this context, extends was a verb meaning files an extension. If an entity in which you are an owner files an extension and doesn't file on time, then you don't get your information that you need to file your personal return from the entity until after April 15 and so you also have to extend.