Hello business tax payers! It’s time to apply for business tax extension if you need extra time to report your income tax to the IRS for the previous year. You must apply through the IRS Form 7004 to get the automatic six-month extension to submit your business tax reports. Please keep in mind that that this Form 7004 extension does not apply to your business income tax payments. You must pay your taxes at least 90% using your original tax form and apply for the automatic extension using Form 7004 by the deadline. When submitting your tax reports to the IRS after the extension period, you must ensure to submit your tax reports without any errors including all proofs and supporting documents.
What is Form 7004? Deadline and Requirements.
Form 7004, officially known as the “Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns,” is a document filed with the IRS to request an extension for filing certain business income tax returns. This form allows businesses to request additional time to file their tax returns beyond the original due date. By E-filing Form 7004 at ExtensionTax.com, businesses can secure an automatic extension from the Internal Revenue Service (IRS) and gain additional time to complete their tax filings accurately. If you apply for Form 7004 by March 17, 2025, the IRS doesn’t ask for any reasons for your extension request; you can enjoy the time till September 16, 2025, to file your business income tax reports.
Who needs to File Form 7004?
Though Form 7004 covers almost all types of businesses and organizations operating in the United States and are liable to pay business income taxes to the IRS, certain major business types use Form 7004 business tax extension the most. They are,
- Limited Liability Companies or LLCs
- Partnership Firms
- Corporations
- S-Corporations
- Trusts, Charitable Institutions, Estates, etc.
And their original forms will be form 1120, 1120S, 1041, 1065, etc. There are 33 original/parent business tax forms in which you can apply for a tax extension using form 7004. Among the 33 forms, you can only paper-file (not e-file) form 7704 if your original/parent form is 8612, 8613, 8725, 8831, 8876, or 706-GS(D). You can paper file form 7004 extension directly at the IRS counter or mail your form to the IRS.
Please note that you can e-file form 7004 for only one original tax form by checking the appropriate option. If you apply Form 7004 business tax extension for more than one original tax form, you must file Form 7004 separately for each original form.
E-filing Form 7004: A Convenient and Effective Process
ExtensionTax.com is an IRS-approved modernized income tax extension forms online e-filing service provider. We provide convenient business income tax extension form 7004 online applications directly to the IRS for the automatic six-month extension period. You can e-file form 7004 directly to the IRS at $14.99 per file at extensiontax.com and get the approval instantly to enjoy your tax extension time. For any queries regarding the Form 7004 online e-file, please get in touch with our customer care team at 1-866-245-3918 or write to us at support@extensiontax.com. We will help you to seamlessly e-file Form 7004 online.