An Overview of Louisiana State Business IncFome Tax Extension Forms

- Updated Feb 27, 2021 - 8.00 AM by Admin, ExpressExtension

Does Louisiana support tax extension for business income tax returns?

Q

Yes. Louisiana requires a separate tax extension Form to be filed with the state department apart from the federal tax extension Form 7004. In the case of Composite Partnership Tax, the state accepts Federal Extension, Form 7004.

What Form does the state of Louisiana require to apply for an extension?

Q
For Corporation & Franchise Tax (Including S & C Corporations)

The businesses operating (as Corporation and S- Corporation) in Louisiana need to file Form CIFT-620EXT with the state to obtain a 6-month extension of time to file their business income tax return with the state.

  • Form CIFT-620EXT - Request for Seven-Month Extension to File (for C Corporation & S corporation)

Note: Make sure to pay any taxes due along with the extension Form to avoid penalties and interest.

Composite Partnership Tax

Partnerships engaging in activities in Louisiana that have nonresident partners are required to file a composite partnership return. Beginning with 2013, Composite Partnership in Louisiana must request state composite partnership extensions electronically to obtain a 6-month extension of time to file their composite partnership income tax return with the state.

Note: Make sure to pay any taxes due along with the extension Form to avoid penalties and interest.

When is the deadline to file Form CIFT-620EXT & Form 7004 with the state of Louisiana?

Q
Louisiana General Corporation Tax Extension (For S & C Corporation)

Louisiana State General Business Corporation tax extension Form CIFT-620EXT is due within 4 months and 15 days following the end of the corporation reporting period.

Form CIFT-620EXT grants an automatic 7-month extension of time to file Form CIFT-620.

Note: Make sure to pay any taxes due along with the extension Form to avoid penalties and interest.

Louisiana Composite Partnership

Louisiana State Composite Partnership tax extension Form 7004 due within 5 months and 15 days.

To file an extension for Form R-6922, apply for an extension using Form 7004 (Federal Extension) on or before the same date the partnership tax return is due.

Form 7004 grants an automatic extension of time to file Form R-6922.

How do I pay my balance due along with the extension Form?

Q

You can choose to pay your balance due along with your return by using any one of the following options:

  • Pay Your Corporation Balance due using the Payment Voucher, CIFT-620EXT-V.
  • This voucher is applicable for corporation tax filers that have filed their extension request electronically and are not required to submit their payments through electronic funds transfer. An Electronic Funds Transfer payment is required if the payment exceeds $5,000.
  • If You are failed to pay, A late payment penalty of up to 25 percent may also be imposed.
  • For composite partnership tax due, Mail in a check or money order with the electronically filed extension payment voucher, Form R-6467V.
  • An Electronic Funds Transfer (EFT) payment is required for all payments of tax due that exceed $5,000.
  • By credit card at Officialpayments.com.

Where do I mail the extension Form 504-C?

Q

Mail this voucher with your payment to:

Louisiana Department of Revenue,
P.O. Box 751,
Baton Rouge, LA 70821-0751.