Specific Instructions

Name and identifying number.   If your name has changed since you filed your tax return for the previous year, enter on Form 7004 your name as you entered it on the previous year's income tax return. If the name entered on Form 7004 does not match the IRS database and/or the identifying number is incorrect, you will not have a valid extension. Enter the applicable employer identification number (EIN) or social security number.

Address.   Include the suite, room, or other unit number after the street address. If the post office does not deliver mail to the street address and the entity has a P.O. box, show the box number instead of the street address.

  If the entity's address is outside the United States or its possessions or territories, enter in the space for “city or town, state, and ZIP code,” the information in the following order: city, province or state, and country. Follow the country's practice for entering the postal code. Do not abbreviate the country name.

  If your mailing address has changed since you filed your last return, use Form 8822, Change of Address, or Form 8822-B, Change of Address—Business, to notify the IRS of the change. A new address shown on Form 7004 will not update your record.

Part I Automatic 5-Month Extension

Line 1a

If you are applying for an automatic 5-month extension, enter the appropriate Form Code in the boxes on line 1a to indicate the type of return for which you are requesting an extension. Enter only one Form Code. If you make a Form Code entry on line 1a, do not make a Form Code entry on line 1b.

Part II Automatic 6-Month Extension

Line 1b

If you are applying for an automatic 6-month extension, enter the appropriate Form Code in the boxes on line 1b to indicate the type of return for which you are requesting an extension. Enter only one Form Code. If you make a Form Code entry on line 1b, do not make a Form Code entry on line 1a.

Note.

If an association is electing to file Form 1120-H, U.S. Income Tax Return for Homeowners Associations, it should file for the extension on Form 7004 using the original form type assigned to the entity. See the Instructions for Form 1120-H.

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 should 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 the automatic 6-month extension.

Line 3

Note.

This is applicable to corporations only.

Only the common parent of a consolidated group can request an extension of time to file the group's consolidated return.

Attach a list of all members of the consolidated group showing the name, address, and EIN for each member of the group. If you file a paper return, you must provide this information using the following format: 8.5 x 11, 20 lb. white paper, 12 point font in Courier, Arial, or Times New Roman; black ink; one sided printing, and at least ½ inch margin. Information is to be presented in a two column format, with the left column containing affiliates' names and addresses, and the right column containing the TIN with ½ inch between the columns. There should be two blank lines between listed affiliates.

Generally, all members of a consolidated group must use the same taxable year as the common parent corporation. If, however, a particular member of a consolidated group is required to file a separate income tax return for a short period and seeks an extension of time to file the return, that member must file a separate Form 7004 for that period. See Regulations section 1.1502-76 for details.

Any member of either a controlled group of corporations or an affiliated group of corporations not joining in a consolidated return must file a separate Form 7004.

Note.

Failure to list members of the affiliated group on an attachment may result in the group's inability to elect to file a consolidated return. However, see Regulations sections 301.9100-1 through 301.9100-3 for information about extensions of time for making elections.

Part III All Filers Must Complete This Part

Line 4. Corporations or Certain Partnerships That Qualify Under Regulations Section 1.6081-5

Exceptions for foreign and certain domestic corporations.   Certain foreign and domestic corporations (as described below) are entitled to a 3-month extension of time to file and pay under Regulations section 1.6081-5. These entities do not need to file Form 7004 to take this 3-month extension and must file (or request an additional extension of time to file) and pay any balance due by the 15th day of the 6th month following the close of the tax year.

  This includes:
  • A foreign corporation that maintains an office or place of business in the United States,

  • A domestic corporation that transacts its business and keeps its books and records of account outside the United States and Puerto Rico, or

  • A domestic corporation whose principal income is from sources within the possessions of the United States.

  Attach a statement to the corporation's tax return stating the corporation qualifies for the extension to file and pay. If the corporation is unable to file its return within the 3-month extension, check box 4 on Form 7004 to request an additional 3-month extension.

Exceptions for certain partnerships.   Partnerships that keep their books and records outside the United States and Puerto Rico are entitled to a 2-month extension of time to file and pay, if applicable.

  You do not need to file Form 7004 if the partnership is taking the 2-month extension of time to file and pay. Attach a statement to the partnership's tax return stating that the partnership qualifies for the extension of time to file and pay. If the partnership is unable to file its return within the 2-month period, check box 4 on Form 7004 to request an additional extension (3 months for partnerships filing Form 1065, and 4 months for partnerships filing Form 1065-B).

Line 5a

If you do not use a calendar year, complete the lines showing the tax year beginning and ending dates.

Line 5b

Check the applicable box for the reason for the short tax year.

If the box for “Change in accounting period” is checked, the entity must have applied for approval to change its tax year unless certain conditions have been met. For more information, see Form 1128, Application To Adopt, Change, or Retain a Tax Year, and Pub. 538, Accounting Periods and Methods.

If you have a short tax year and none of the reasons listed apply, check the box for “Other” and attach a statement explaining the reason for the short tax year. Clearly explain the circumstances that caused the short tax year.

Line 6

Enter the total tax, including any nonrefundable credits, the entity expects to owe for the tax year. See the specific instructions for the applicable return to estimate the amount of the tentative tax. If you expect this amount to be zero, enter -0-.

Line 7

Enter the total payments and refundable credits. For more information about “write-in” payments and credits, see the instructions for the applicable return.

Line 8

Form 7004 does not extend the time to pay tax. If the entity is a corporation or affiliated group of corporations filing a consolidated return, the corporation must remit the amount of the unpaid tax liability shown on line 8 on or before the due date of the return.

Most entities must use electronic funds transfer to make all federal tax deposits, including deposits for corporate income taxes. Forms 8109 and 8109-B, Federal Tax Deposit Coupon, can no longer be used. Generally, electronic funds transfers are made using the Electronic Federal Tax Payment System (EFTPS). To get more information about EFTPS or to enroll in EFTPS, visit www.eftps.gov or call 1-800-555-4477.

If the entity does not want to use EFTPS, it can arrange for its tax professional, financial institution, payroll service, or other trusted third party to make deposits on its behalf.

If you file Form 7004 electronically, you can pay by Electronic Funds Withdrawal (EFW). See Form 8878-A, IRS e-file Electronic Funds Withdrawal Authorization for Form 7004. If the corporation expects to have a net operating loss carryback, the corporation can reduce the amount to be deposited to the extent of the overpayment resulting from the carryback, provided all other prior year tax liabilities have been fully paid and Form 1138, Extension of Time for Payment of Taxes by a Corporation Expecting a Net Operating Loss Carryback, is filed with Form 7004.

Foreign corporations that maintain an office or place of business in the United States should pay their tax as described above.

Foreign corporations that do not maintain an office or place of business in the United States, see the instructions for the corporation's applicable tax return (Form 1120-F or Form 1120-FSC) for information on depositing any tax due.

A trust (Form 1041), electing large partnership (Form 1065-B), or REMIC (Form 1066) will be granted an extension even if it cannot pay the full amount shown on line 8. But it should pay as much as it can to limit the amount of penalties and interest it will owe.

If you are requesting an extension of time to file Form 1042, see the deposit rules in the instructions for the form to determine how payment must be made.


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