Tag Archives: Form 1040

The deadline to file an extension for S corporation and partnership tax returns is March 15, 2021. E-file now!

Tax deadlines can sneak up on you, and nothing is more aggravating than having to pay a fine you could have avoided. Save each relevant filing date to your calendar and stay one step ahead of the IRS. So when is the 2021 “tax day”? April 15, 2021.

The IRS has extended the deadline for filing and paying business returns normally due on March 15th and April 15th to victims of the Texas winter storms until June 15th, 2021.

So when do you have to pay your taxes? If you’re mailing your return, the IRS considers it “on time” if it’s properly addressed, has enough postage, and arrives in the mail before the end of business on the filing deadline. Otherwise, you have until midnight on your tax filing deadline day to e-file your return.

So when are the tax extensions for 2021 due? You have until the due date of your taxes to file for an extension. Individuals can still file for a tax extension on April 15 if they want to. The same is true for businesses: S corporations and partnerships have until March 15 to file for an extension, while C corporations have until April 15 to file.

Here are the two important deadline details:

March 15 Deadline:

The due date for S corporation and partnership tax returns: The deadline to file your S corporation tax return (Form 1120-S) or partnership tax return (Form 1065) is March 15th, 2021.

The deadline to file an extension for S corporation and partnership tax returns is also March 15.

Forms:

  • S Corporation Income Tax Return (Form 1120S)
  • Return of Partnership Income in the United States, Form 1065

April 15 Deadline:

  • Individual tax returns are due on April 15th: Individual tax returns must be filed by April 15 (Form 1040, 1040A, or 1040EZ). The April 15 deadline also applies to sole proprietors who file Schedule C on their personal tax returns. The deadline to file for an extension to file your individual tax return is also April 15.
  • The due date for C corporation tax returns: The deadline for filing C corporation tax returns is today (Form 1120). The deadline to file for an extension to file your corporate tax return is also April 15.

Forms:

  • U.S. Corporation Income Tax Return (Form 1120)
  • Application for an Automatic Extension of Time (Form 7004)

The IRS has already begun accepting returns for 2020 since February 12, 2021. That being said, we support all major Extension Tax Application filing and are processing all the extension tax forms:

  • Form 4868 – Automatic Extension of Time To File Personal Income Tax Return
  • Form 7004 – Automatic Extension of Time To File Business Income Tax Return
  • Form 8868 – Automatic Extension of Time To File Exempt Organization Tax Return

If you need additional time, federal extension tax reporting is now easy, fast, and secured at ExtensionTax.com. You don’t have to be an expert, applying for an extension at ExtensionTax.com. It’s now made easy, 100% Fast, Safe, and Accurate since it’s an IRS-authorized e-file website to extend the income tax due dates in simple steps and on the go. You will also receive an instant TEXT alert on your extension return status in just minutes once IRS accepts your tax return.

Need Help? Free product support from our Customer Care representatives is just a phone call away. Talk to our Tax Experts, at (866) 245 – 3918 or write to support@extensiontax.com (available 9:00 a.m. – 6:00 p.m. Eastern) or take a look at our blogs, FAQ’s. It’s all just a click away.

The deadlines to FILE and PAY federal income taxes are extended to July 15, 2020.

The Federal Governments’ response to the ongoing COVID-19 crisis by automatically extending certain filing deadlines and payments is good news to many, though the deadline to report personal income tax has been extended from April 15th to July 15th. Taxpayers including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax, if wants more time for any reason to file federal income tax returns can use www.ExtensionTax.com to e-file extension forms to request for an automatic extension, this will give them an automatic 6 months extension from the newly extended July 15 deadline.  

  • Individual taxpayers can request a filing extension by filing Form 4868 and;
  • Businesses who need additional time can request a filing extension by filing Form 7004.

By obtaining this extension, you can avoid any late-filing penalties as long as you do file by the extended due date. It’s important to keep in mind that filing an extension does not generally mean you are off the hook for paying taxes.

Due to the recent lockdown, we at www.ExtensionTax.com have initiated a business continuity plan to ensure that all our representatives are at your assistance. If you have any questions or need any help in completing Federal extensions feel free to call our Help Desk @ 866-245-3918 or email us at support@extensiontax.com. We’re Open and available on all Business days between 9:00 am to 6:00pm Central Time.

Follow the IRS special coronavirus page on IRS.gov to check for official updates from the IRS as they continue to monitor issues related to the COVID-19 virus.

Our thoughts are with the ones fighting on the front line and the families affected by the virus. Follow the advice of WHO and guidance issued by national and local health authorities, Stay Safe and help prevent the Spread of Coronavirus.

It’s April 18th – Tax Day! E-file for an Extension Today!

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It’s tax time. I know this because I’m staring at documents that make no sense to me, no matter how many beers I drink.” – Dave Barry. The day Dave was quoting is today. YES! You read that right, Today April 18th, is your deadline to file and pay your Personal Income taxes. Not everyone is prepared to file their Personal Income Taxes, due to lack of paper work or lack of time. Continue reading

E-file Form 4868 to legally Postpone Your Tax Due Date by 6 six months!

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If we are paying attention to our lives, we’ll recognize those defining moments. The challenge for so many of us is that we are so deep into daily distractions and ‘being busy,busy’ that we miss out on those moments and opportunities that – if jumped on – would get our careers and personal lives to a whole new level of wow. In today’s modern lifestyle almost every individual cribs stating that 24 hours a day is not enough to take care of their daily chores.

Month of April 2017 is already 7 days old and your Personal Income Tax is due in another 10 days. You read that right this year the tax due date is April 18th not April 15th, thanks to the weekend and the following federal holiday. Well, though the due date is postponed by three days is that really enough for you to gather all the required paper works and file your Personal Income Tax on time without any mistakes. We can hear that loud “NO” so can the IRS. Continue reading

Buy More Time to File your Personal Income Taxes by Efiling Form 4868!

Tax-ExtensionTime and tide waits for no one but you can make your Personal Income Tax filing Deadline wait for 6 months by simply E-filing Form 8468 through www.Extensiontax.com .IRS form 4868 is officially termed as the “Application for Automatic Extension of Time to file U.S Income Tax Return”.  This is a tax extension form designed for individuals filing for income tax to the IRS. Any individual has the benefit of getting a tax extension for the tax form listed below:

 

  • Form 1040
  • Form 1040A
  • Form 1040EZ
  • Form 1040NR
  • Form 1040NR-EZ

Form 4868: Continue reading