Form 7004 deadline is around the corner, March 15 is the Due Date

The Business Income Tax Filers can extension the deadline beyond March 15 by reporting Business Income Tax Extension Form 7004 by March 15th for certain business types. Even though you are filing an application for an extension, you must pay any taxes due by the regular tax return due date, depending on your business type. There is only one extension allowed per tax year. You can’t keep getting multiple extensions.

Maximum extension period.

The automatic extension period for time to file is generally 6 months. Exceptions apply for certain filers of Form 1041 and for C corporations with tax years ending June 30. An estate (other than a bankruptcy estate) and a trust filing Form 1041 are eligible for an automatic 5½-month extension of time to file. C corporations with tax years ending June 30 are eligible for an automatic 7-month extension of time to file (6-month extension if filing Form 1120-POL). See the instructions for Part II, lines 2 and 4, for exceptions for foreign corporations, certain domestic corporations, and certain partnerships with books and records outside of the United States and Puerto Rico. The due date varies based on the tax filing period and the type of business you operate. 

March 15 and April 15 is the Due Date.

Corporations, including S-corporations, operating on the calendar year for tax purposes must file for their business tax extension by 15th day of the 3rd month following the close of their tax year (typically March 15).

Partnerships, LLCs, and sole proprietorship’s have until 4th month, on the due date of their personal income tax return (typically April 15) to file for their tax extension.

Electronic filing with ExtensionTax.com

IRS TaxExtension Form 7004 for business income tax filers can use ExtensionTax.com to prepare and report this extension requests online in 3 simple steps for just $14.99.

  1. Create a user account in case of new user, or just login to the account
  2. Choose the Extension Tax Form 7004, choose/add your business details
  3.  If you have liabilities estimate and pay using any of the IRS methods and submit it with the IRS for processing.

7004 march 15 deadline

ExtensionTax.com is an IRS authorized electronic filing service provider for all the Business Income Tax Extension Form 7004 and 8868, Personal Income Tax Extension Forms 4868 and 2350. We do a mobile app for both Android and iOS platforms, download for FREE and start report your extension taxes online from your smart phone.

By choosing  to report your tax extension request electronically you could get it done in minutes and we shall share the acknowledgement once it is made available by the IRS in minutes. How ever these are automatic extensions and allows you an extra time upto 6-months to report your actual return. Please be informed that Form 7004 does not extend the time to pay any tax due. It just pushes the deadline to report the tax return.

Text Alert service could get you an instant alert on your return status, in case of rejection you can retransmit it for free. If you want to change any details on it then you owe to pay the charges again. ExtensionTax.com is a user-friendly, simple to use online application. It can be accessed from any computers at any time with just internet connection.

Support Center for Tax Payers

Please feel free to reach us at +1 866 – 245 – 3918 by phone between 8:00 AM to 8:00 PM EST and write to us at support@extensiontax.com for any email inquiry. We’ve a dedicated support desk to help you through your filing process and walk you through the tax return. Electronic filing is the best and fastest way of  getting your tax return reported with the IRS.