BanditAI
Form 7004: Business Tax Extension
Form 7004 is used by businesses to request an automatic 6-month extension for filing certain business income tax returns - 1120-S, 1065, 1041, 1120, and others. Since this extension is automatic, the IRS does not require any explanation to
file it.
Businesses, such as S-Corporations, C-Corporations, partnerships, limited liability companies, trusts, and estates, may require additional time to file their returns.
Over 10 million businesses need to file their business income tax returns by 2026. Give your business peace of mind by filing your extension in minutes.
Filing Deadline for Business Tax Extension - Form 7004
You must file Form 7004 on or before the original due date of your business tax return, based on your entity’s
accounting period.
| Deadline | Applicable Forms |
|---|---|
|
Business tax returns are due on the 15th day of the 3rd month after the end of the tax period. Need more time to file your business tax return? File Form 7004 to get a 6-month extension. Request an Extension Now |
|
|
Business tax returns are due on the 15th day of the 4th month after the end of the tax period. Need more time to file your business tax return? File Form 7004 to get a 6-month extension. Request an Extension Now |
|
Form 7004 cannot be filed after the original due date of the business tax return. If you miss the deadline, you may face penalties and interest for late filing.
Key Information Required for Filing Form 7004
-
Basic Business Information
Name, EIN, and address of the business you’re
filing for. -
Business Tax Return Type
Choose the business income tax return for which you need an extension (e.g., 1120, 1120-S, 1065, 1041).
-
Tax Due Information
Specify your business’s tax period and any estimated tax due,
if applicable.
Get started with TaxBandits and request an extension in minutes.
E-File Your Business Tax Extension Form 7004 with Ease
Filing Form 7004 is a straightforward and secure process. We manage everything to ensure that the IRS approves your business tax extension.
Step-by-Step Filing
Easily file your Form 7004 in just three steps, with real-time AI guidance and expert support whenever you need help.
Internal Audit Check
Our system checks your return for errors before submission, helping to minimize IRS rejections and ensuring a smooth filing process.
Real-Time Status Updates
Receive instant status updates from the IRS to track your extension request status and stay updated at every step.
FREE Retransmission
If the IRS rejects your Form 7004 due to errors, you can fix and retransmit it at no additional cost.
Exclusive PRO Features for Tax Professionals
Enhance your business tax extension filing with powerful features built for tax professionals.
Seamless Team Management
Invite unlimited team members with secure logins, assign clear roles for smooth task delegation, and track all actions with real-time activity logs for full accountability.
Secure and Branded Client Portal
Provide your clients with a secure and branded client portal to securely view returns and communicate with your team, strengthening your brand’s identity.
Flexible Payment Options
Through our flexible payment options, you can manage filing fee payments smoothly, allowing you to focus on delivering the best service for your clients.
Upgrade your business tax extension filing with our pro features.
How to File Form 7004 Electronically with TaxBandits?
Create your free account and follow these easy steps to e-file Form 7004 with ease!
-
Step 1: Complete Form 7004 information
Filing Form 7004 is simple! Enter your business information and any
tax details. -
Step 2: Select Business Income Tax Return
Choose the appropriate business income tax return for which you’re requesting an extension.
-
Step 3: Review and Transmit to the IRS
Review the form data and transmit it to the IRS. Get instant IRS status updates via email or track them through your dashboard.
File your Form 7004 in minutes with TaxBandits!
What Our Customers Are Saying About Filing Form 7004 with TaxBandits
Trusted and loved by users like you.
4.8 rating of 18,451 reviews
TaxBandits - The Smart Choice for Business Owners and Tax Professionals
How Much Does it Cost to E-File Form 7004?
Compare our features and pricing with your current method to see how much you can save.
Advantages of Choosing Our Software
- 3-step easy filing process
- File from any device
- Instant IRS status updates
- World-class customer support
- Retransmit rejected returns for FREE
$19.95/Form
Frequently Asked Questions on Form 7004
What is Form 7004?
Form 7004, Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns, is used by businesses in the United States to apply for an extension to file certain business tax returns.
By filing Form 7004, businesses can obtain an automatic 6-month extension to file their returns. No reason is required to request
this extension.
Who Can File Form 7004?
Form 7004 can be filed by most businesses seeking extra time to file their business income tax returns. The following types of entities are eligible to use Form 7004 for an extension:
- C-Corporations (Form 1120)
- S-Corporations (Form 1120S)
- Multi-Member LLCs
- Partnerships (Form 1065)
- Trusts, and Estates ( Form 1041)
Click here to learn the step-by-step instructions for completing Form 7004.
Are there any changes to Form 7004 for the 2025 Tax Year?
The IRS has released the final version of the Form 7004 for the 2025 tax year.
- The IRS has added the new Form 708, which is now eligible for an extension request using Form 7004.
-
To request an extension of time to file Forms 708, 8924, and 8928, Form 7004 must be filed on paper. Electronic filing for these forms will begin in the
2026 tax year. Learn More
What is an electronic postmark?
An electronic postmark is a timestamp provided when you e-file your extension. It shows the exact date and time your form was received, based on your
local time zone.
- The IRS accepts an extension request if the electronic postmark is submitted on or before the deadline, treating it as though it were filed on time.
- If the electronic postmark is received after the deadline, the IRS will consider the actual date of receipt as the filing date.
What are the penalties associated with Form 7004?
Penalties for late filing or late payment of taxes can apply if you don’t file Form 7004 or pay taxes on time:
-
Failure-to-File Penalty:
- 5% per month of the unpaid tax, up to a maximum of 5 months.
- If your return is more than 60 days late, a minimum penalty of $135 may apply.
-
Failure-to-Pay Penalty:
- 0.5% per month of the unpaid tax, up to a maximum of 25%.
- This applies if you file your return or extension but don’t pay all taxes due on time.
Can I pay my balance tax due while filing Form 7004?
Yes, you can choose the EFW or EFTPS option to pay your balance tax due while filing an extension.
What are the advantages of e-filing Form 7004?
E-filing your Form 7004 offers several advantages over paper mailing of Form 7004:
- Faster Processing: Receive instant confirmation from the IRS that your extension is approved.
- Paperless Filing: No need to print or mail forms.
- Easy Tracking: Check the status of your extension request at any time.
- Free Retransmission: If your extension is rejected, you can fix the errors and retransmit it at no additional cost.
Ready to e-file Form 7004 online?
Use TaxBandits to e-file your Form 7004, save time, and ensure accurate filing. The Smart Business
Owners Choice