IRS Form 7004, officially known as the “Form 7004 – Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns,” is a request for an automatic extension of time to file certain business tax returns. The deadline to file a Business Tax Extension is March 15th. The extension will be granted by the IRS if the business:
1. Complete IRS Form 7004 properly,
2. Make a proper estimate of the tax (if applicable),
3. File the form by the due date of the return to which the Form 7004 applies, 4. Pay any tax that is due.
An IRS Form 7004 can be submitted to automatically extend the filing deadline for 32 different IRS returns. The IRS typically grants automatic extensions of five (5) or six (6) months, depending on the return for which the extension is filed. The eligible returns and length of automatic extensions are listed below:
Automatic 5-Month Extension:
Automatic 6-Month Extension:
Please note: IRS Form 7004 does not extend the time for payment of tax. Generally, payment of any balance due according to IRS Form 7004 is required by the due date of the return for which this extension is filed.
If you have any questions about filing Tax Extensions, you can call, email or chat online with the Express Tax Support Center in Rock Hill, SC at 803-514-5155 between the hours of 8am – 6pm EST, Monday through Friday or email [email protected]. We have Spanish Support too!