Irs Tax Extension Form 7004

Automatic Extension of Time to File Certain Business Income Tax Returns

Form 7004: An Overview

Form 7004, titled "Application for Automatic Extension of Time to File Certain Business Income Tax Information and Other Returns," allows eligible taxpayers to request an automatic 6-month extension to file specific business-related tax returns.

Eligible Returns

Form 7004 can be used to extend the filing deadline for the following returns:

• Form 1120, U.S. Corporation Income Tax Return
• Form 1120-A, U.S. Corporation Short-Form Income Tax Return
• Form 1120-C, U.S. Income Tax Return for Cooperative Associations
• Form 1120-H, U.S. Income Tax Return for Homeowners Associations
• Form 1120-L, U.S. Life Insurance Company Income Tax Return
• Form 1120-ND, U.S. Income Tax Return for Domestic International Sales Corporation (DISC)
• Form 1120-PC, U.S. Property and Casualty Insurance Company Income Tax Return
• Form 1120-REIT, U.S. Income Tax Return for Real Estate Investment Trusts (REITs)
• Form 1120-S, U.S. Income Tax Return for an S Corporation
• Form 1120-FSC, U.S. Income Tax Return of a Foreign Sales Corporation (FSC)

Filing Deadlines and Restrictions

Form 7004 must be filed by the original filing deadline for the applicable tax return. For most corporations and S corporations, this deadline is March 15th (or April 15th with an automatic 6-month extension). Filing Form 7004 does not extend the time for paying taxes due. Tax payments must be made by the original due date or penalties may apply.