Does Massachusetts require a business tax extension?

Q

Yes, If you were approved for a federal tax extension, then the State of Massachusetts will automatically grant your business a six-month income tax extension. If your business owes the state tax or was not approved for a federal extension, you must submit Massachusetts tax extension Form 355-7004.

What are the forms required to file business taxes with Massachusetts?

Q

To request Massachusetts business tax extension, use Massachusetts Form 355-7004 (Application for Corporate Extension). To avoid late filing penalties from the State of Massachusetts, your filing of Form 355-7004 must be filed by the original due date of your return.

When is the due date to file business tax with Massachusetts?

Q

Massachusetts business tax extension filing due by March 16, 2020 or by the 15th day of the 3rd month following the end of the taxable year for fiscal year filers.

When is the business tax extended deadline with Massachusetts?

Q

Massachusetts business tax extension offers an additional 6 months tax extension, which moves the filing deadline to September 15th (for calendar year).

What are the Payment options with Massachusetts?

Q

If you owe Massachusetts state tax, your balance must be paid by the original due date, or penalties and interest will be charged. To be approved for an business tax extension, you must pay at least 50% of your Massachusetts tax due or the $456 minimum tax, whichever is greater.

You can make a Massachusetts extension payment with Form 355-7004, or pay electronically via MassTaxConnect: https://mtc.dor.state.ma.us/mtc/_/

Where do I mail Massachusetts Form 355-7004?

Q

Mail Massachusetts Form 355-7004 with payment to the following address:

Massachusetts Department of Revenue,
PO Box 7025,
Boston, MA 02204

Published by ExpressExtension Support, ExpressExtension
Last modified 3/6/2020 6:45:10 AM EST