E-Filing IRS Form 7004 for Your Business Extension
Form 7004 is used to extend the deadline for filing tax returns (certain business tax, information, and other returns). The IRS Form 7004 offers businesses an extension of time that can vary from 5 to 7-Months extension after the due date of the tax return.
To avoid any late penalties, be sure to file your extension before the deadline. Penalties from the IRS can be as high as 25%. Deadlines may vary for every business type please refer to the official IRS deadline page to verify your deadline date. However, any business taxes must be paid before the deadline or on the deadline date of the form.
Form 7004 does not provide an extension to pay any owed taxes. Form 7004 only provides the business to obtain an extension of time to file the form. The IRS does not accept multiple returns on one Form 7004. You must file a separate Form 7004 for each tax return you are requesting a tax extension on.
Note: If you file Form 7004 on paper and file your tax return electronically, your return can be processed before the extension is granted. This may result in a penalty notice.
What is IRS Form 7004?
The IRS Form 7004 tax extension is titled Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns. For these returns, paper filing can be somewhat of a hassle, as you must file a separate form for each return. To eliminate the hassle and save your valuable time and energy, the IRS approved E-filing of the Form 7004.
Tax2efile is an IRS authorized E-file provider. When the IRS established that E-filing would be an acceptable format for Form 7004, Tax2efile was among the first to offer this service nationwide.
Requesting Tax Extensions and Filing Deadlines
The IRS offers Form 7004 as a request for a tax extension. This tax extension, depending on the return you’re requesting an extension on, will give you an extra 5-1/2 or 6-Months to file the return. The IRS does not accept multiple returns per Form 7004. You must file a separate Form 7004 for each tax return you are requesting a tax extension on.
What is the maximum extension period?
- Generally, the filing period is extended by six months unless you file Form 1041 or a C corporation within June 30 of the taxable year.
- Trusts and estates that file Form 1041 are eligible to receive an automatic extension of time to file.
- Corporations with June 30 as a taxable year may receive an automatic extension.
- There are exceptions, including foreign corporations, certain domestic corporations, and partnerships outside the United States and Puerto Rico.
How to E-File Form 7004 Online with Tax2efile
- Create your account and select Form 7004 Extension
- Enter your business information & applicable business entity type
- Enter tax year information and tax form details
- Enter tax calculation
- Check and submit to IRS
- You will receive an email confirmation from Tax2efile with a status update from the IRS
Please visit or Form 7004 Instructions page for more information.
What do you need to E-File Form 7004 Extension with Tax2efile?
To file Form 7004 Extension online, the taxpayers must gather all documents such as:
- Business information (Name, EIN, Address)
- Type of business (exp. Corporation, Partnership)
- Type of Tax Form that the business is requesting an extension
- An estimate of the amount of the tax owed to the IRS (if applicable)
Expiration of Extension Period
If you request the IRS for an extension and it is not granted, the IRS will notify you by sending a termination notice via mail. The notice of cancellation of the contract is sent or posted at least 10 days before the date mentioned on the notice.
Advantages of Filing Form 7004 online with Tax2efile
Accounting Software Integration
Tax2efile’s Accounting Software Integration helps you to E-file multiple 7004 Forms with one single account.
Easy E-filing Process
Registering with Tax2efile is simple and easy, all while having the lowest prices in the industry!
Automatic Error Checking
With our auto-check option, you avoid the chances of errors and form rejections.
Live Support
USA based professionals ready to guide you through the process, call or chat.
Get Started by Registering with Tax2efile Today!
Our IRS-approved e-fling services make tax season stress-free. Sign up Today!
Frequently Ask Questions
Find answers to commonly asked questions about our products and services.
- A Form 7004 may get rejected if:
- The business category does not match the IRS database records
- The deadline has passed
- The EIN or business name is incorrect
- The extension form has already been accepted by the IRS
Still have questions?
If you have more questions, please refer to our FAQ page. Contact our customer support team for assistance.