IRS Tax Form 7004 is the Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns. For tax years beginning from 2017, the extensions of time to file tax returns for partnerships, certain corporations, and trusts and estates (other than bankruptcy estates) have changed. Form 7004 and the related instructions have been modified to reflect the changes effective for the tax year 2017.
Form 7004 is the form used to file for an automatic extension of time to file your business tax return for a partnership, a multiple member LLC filing as a partnership, a corporation, or s-corporation, who are not able to file by the original due date. You need to send in a request for this automatic tax extension well within the due date. Try electronic filing for faster processing of your request and to get a quick acknowledgement.
When to File Extension Tax Form 7004
Generally, Form 7004 must be filed on or before the due date of the applicable tax return. The due dates of the returns can be found here for the applicable return.
File a separate Form 7004 for each return for which you are requesting an extension of time to file. This extension will apply only to the specific return identified by its line number.
Example: A taxpayer who needs to file Forms 7004 for multiple form types may submit the Forms 7004 electronically. For example, taxpayers submitting one Form 7004 with “Type of Return Code” 31 for the Form 8804 and another Form 7004 with “Type of Return Code” 09 for the Form 1065 may file the Forms electronically. But the taxpayer may submit only one Form 7004 for each form type. So if the taxpayer files two Forms 7004 for “Type of Return Code” 09, the second Form 7004 will reject as a duplicate.
ExtensionTax.com is authorized to carry out e-filing services and benefits after passing through all the validations and suitability checks required. With the accountability of fraudulent taking place in the virtual world, IRS always advices to choose one such certified provider to e-file your extension return. ExtensionTax.com is one among them. You will notice “Authorized IRS e-file Provider” logo embedded at the right corner of the application.
Extension tax is the best way to report your tax extension requests online.
IRS Tax Extension forms does not extend the time for payment of tax. Generally, payment of any balance due according to IRS is required by the due date of the return for which this extension is filed. This extension of time is just to report your tax return.
Before we let you go, it would not be fare if we do not tell you how and where to file for the above mentioned Extension. Log on to http://www.extensiontax.com, you will be able to e-file your Extension within minutes. For any more questions call 1-866-245-3918 or write to firstname.lastname@example.org.