ExpressExtension Wishes You All A Happy Thanksgiving
Business Extension 7004
Get an automatic extension up to six months for Multi-Member LLCs, C-Corporations, S-Corporations, Partnerships, Trusts, and Estates tax returns. With IRS Form 7004, all you need is your company name, address, and Tax-ID/EIN to e-file. You can confirm your information is current by contacting the IRS at 800.829.4933.
You’ll also need to report any estimated taxes you owe, if applicable. The IRS has a few changes planned for Form 7004 that begins at the start of the new year – be sure to plan accordingly and file on time to avoid penalties.
Personal Extension 4868
Receive an automatic 6-month extension for single or joint personal tax returns. IRS Form 4868 requires full name, address, and social security number – joint filers will need the same information about their spouse. You can verify your information with the IRS by calling 800-829-1040.
The IRS doesn’t require an explanation for requesting an extension; however, you’ll need to provide an estimate of your total income tax bill for the filing year, if applicable. You should have your 4868 submitted to the IRS by the April 15 deadline.
Exempt Organization Extension 8868
Tax-exempt groups can get an extension up to six months by e-filing IRS Form 8868. Extension Form 8868 splits into two parts:
Part I – Automatic 3-Month Extension
Part II – Additional, Not-Automatic 3-Month Extension
You’ll need your organization’s name, address, EIN/Tax-ID, tax year period, and know which 990 return you typically file – confirm your details with IRS tax-exempt hotline 877-829-5500. Organizations are eligible to e-file Part II only if the IRS approved your Part I and you have a valid reason for the extra time.
As we all recognize the upcoming holiday, our Rock Hill, South Carolina office will be closed on both Thanksgiving Day and Friday, November 25, with limited email support through [email protected]. We will resume our regular business hours on the following Monday in which you can reach us at 803.514.5155 from 9 a.m. to 6 p.m. EST.