Today is the Deadline to File Your Personal (Form 4868) and Business (Form 7004) Tax Extensions
Tax Day is here, and if you find yourself needing more time to organize your finances and complete your business and personal tax returns, don’t worry – ExpressExtension has you covered. With just a simple form, you can extend your deadline and avoid the last-minute scramble of filing your return today!
Here’s what you need to complete to submit an extension today!
More Time to File – Less Time to Worry
As you may know, April 15 is the deadline for U.S. citizens to file personal income tax returns. Furthermore, today is also the deadline for filing various business tax returns, including 1120 (filed by C-Corporations) and 1041 (Trusts/Estates).
If your business needs more time to file these forms, you can request an extension using Form 7004, Application for Automatic Extension of Time To File Certain
Business Income Tax, Information, and Other Returns.
Similarly, if you need to get more time to file your personal tax return (1040), you can use Form 4868, officially known as the ‘Application for Automatic Extension of Time To File U.S. Individual Income Tax Return’.
By submitting Forms 7004 and 4868, businesses and individuals can receive an additional six months to complete and submit their tax returns, providing them with more time to ensure accuracy and completeness.
This extension applies only to the filing of the tax return; any taxes owed are still due by the original deadline.
What Information is Required to file Form 7004?
You will need to have the following details available to complete Form 7004:
- Business type (Estate, trust, C corporation, etc.)
- Basic details about the business, such as Name, EIN, and Address
- The tax form for which you are requesting an extension (1120, 1041, etc).
- The start and end date of your tax year
- Estimated tax payments
What Information is Required to file Form 4868?
Form 4868 requires basic identifying information such as the taxpayer’s name, address, and Social Security number. Additionally, taxpayers must estimate their total tax liability for the year and indicate any payments already made towards this amount.
If applicable, they should also provide details regarding any foreign addresses, tax treaty benefits, or special circumstances affecting their tax return. Finally, the form requires the taxpayer’s signature and date of filing.
Overall, if you have the required information available, filing is a quick and simple process that can be completed with accuracy in minutes.
Choose ExpressExtension a Simple and Accurate E-filing Solution!
E-Filing Form 4868 and 7004 with ExpressExtension alleviates stress and simplifies the tax filing process for individuals and tax professionals alike. ExpressExtension provides a user-friendly platform that streamlines the extension process, making it quick and easy to request additional time to file business and personal tax returns.
With intuitive features and advanced technology, navigating through Form 7004 and 4868 is an easy process, even for those unfamiliar with tax forms. ExpressExtension also offers easy and affordable solutions for states that require a separate extension for state business and personal tax returns. With ExpressExtension, you can fill out and download your state extension, then print and mail it to the state agency.
Moreover, ExpressExtension’s Express Guarantee ensures peace of mind by offering a risk-free filing experience. If the IRS rejects the extension request for any reason, clients receive an automatic refund of the filing fee, eliminating concerns about wasted time and resources.
Additionally, ExpressExtension’s dedicated customer support team is available to assist clients throughout the filing process, providing expert guidance and assistance whenever needed.
For tax professionals managing multiple clients, ExpressExtension offers time-saving features such as volume-based pricing and package options, allowing them to efficiently
