Filing Instructions for Form 7004
Form 7004 Instructions
Form 7004 can be filed electronically with Tax2efile for most returns or through paper. However, Form 7004 cannot be filed electronically for Forms 8612, 8613, 8725, 8831, 8876, or 706-GS(D). Filers and businesses requiring an extra period of time to file their corresponding tax form can file a Form 7004 by the time of their regular filing deadline in order to request a 6-month extension.
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 (Tax category of business)
- An estimate of the amount of the tax owed to the IRS (if applicable)
Part I: Pick which form you need a Form 7004 extension for
Part I: Pick which form you need a Form 7004 extension for
Line 1: Enter the appropriate form code in the boxes on line 1 to indicate the type of return for which you are requesting an extension.
Line 2: Check the box on line 2 if you are requesting an extension of time to file for a foreign corporation that does not have an office or place of business in the United States. The entity must file Form 7004 by the due date of the return (the 15th day of the 6th month following the close of the tax year) to request an extension.
Line 3: Check the box on line 3 if you are the common parent or agent of a consolidated group requesting an extension of time to file the group’s consolidated return.
Line 4: Check the box on line 4 if you are certain foreign, domestic corporations or partnerships whose due date falls on the 15th day of the 6th month following the close of the tax year.
Line 5a: If you do not use a calendar tax year, then complete the lines showing the beginning and end dates for the tax year.
Line 5b: If your business has a short tax year, Check any one of the applicable boxes on line 5b to indicate the reason for the short tax year.
Line 6: Enter the total tax, including any nonrefundable credits, you expect to pay for the tax year.
Line 7: Enter the total payments and refundable credits.
Line 8: Enter the balance due total amount that you need to pay for the tax year.
Any tax amount due must be paid on or before the deadline. Tax2efile customers may elect to complete tax payments electronically by providing their payment information to their electronic submission in order to allow IRS authorization to automatically withdraw the balance from their account.
If you need more help e-filing your Form 7004, please watch our step by step video for Form 7004
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