E-file IRS Form 7004
The IRS Form 7004 tax extension - known as "Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns" - no longer requires a signature or an explanation for an extension of time. When e-filing, you will receive a notification informing you that the IRS approved your extension.
Only one extension form needs to be filed on or before the due date of the appropriate tax return. Each return requires e-filing a separate Form 7004 tax extension.
Purpose of IRS Form 7004
Use IRS Form 7004 to request an automatic extension of time to file certain business income tax, information, and other returns. The IRS approves the extension if you complete Form 7004 correctly. Make a proper estimate of any owed taxes if applicable, e-file the extension form by the original due date of the return which the Form 7004 applies, and pay any tax amounts that is due.
Automatic Extensions for C-Corporations up to 7 Months
If you are requesting an automatic extension for up to 7 months, enter the applicable Form Code in the boxes on the appropriate line to indicate the type of return for which you are requesting an extension. Enter only one Form Code - if you make a Form Code entry on one line, do not make a Form Code entry on another line.
Business tax years ending on December 31 or June 30 are eligible for a 5 or 7-month extension of time depending on tax year ending.
You can implement the 6-month extension with the Form 7004 only if your tax year ends on any month besides June 30 and December 31 and the following tax forms:
Note: If an association is electing to file Form 1120-H, U.S. Income Tax Return for Homeowners Associations, it should file for the extension on Form 7004 using the original form type assigned to the entity.
See the Instructions for Form 1120-H.
The following lists of tax returns qualify for a 6-month automatic extension with IRS Form 7004:
- Form 706-GS (D)
- Form 706-GS (T)
- Form 1041 (bankruptcy estate only)
- Form 1041-N
- Form 1041-QFT
- Form 1042
- Form 1065
- Form 1065-B
- Form 1066
- Form 1120S