Instructions For Form 7004 (Rev. December 2012)
ADVERTISEMENT
1
2
3
4Instructions for Form 7004
Department of the Treasury
Internal Revenue Service
(Rev. December 2012)
Application for Automatic Extension of Time To File Certain Business Income Tax,
Information, and Other Returns
Section references are to the Internal Revenue Code unless
return as shown in the table, Where To File, later in the
otherwise noted.
instructions.
Future Developments
Signature. No signature is required on this form.
No Blanket Requests
For the latest information about developments related to Form
7004 and its instructions, such as legislation enacted after they
File a separate Form 7004 for each return for which you are
were published, go to
requesting an extension of time to file. This extension will apply
only to the specific return identified on line 1a or line 1b. For
What's New
consolidated group returns, see the instructions for line 3.
Do not complete both Part I, line 1a and Part II, line 1b,
Short tax year. On line 5b, if none of the reasons listed apply,
of this form. See the instructions for lines 1a and 1b.
!
the applicable entity can check the “Other” box and attach an
explanation.
CAUTION
Extension Period
Where to file. Beginning January 1, 2013, for certain filers with
a principal business, office, or agency located in Florida, the
The IRS will no longer be sending notifications that your
address to mail Form 7004 has changed. See the Where To File
extension has been approved. We will notify you only if your
chart later.
request for an extension is disallowed. Properly filing this form
General Instructions
will automatically give you the maximum extension allowed from
the due date of your return to file the return (except as noted
below in the instructions for lines 2 and 4 with regard to foreign
Purpose of Form
corporations, certain domestic corporations, and certain
Use Form 7004 to request an automatic extension of time to file
partnerships with their books and records outside of the United
certain business income tax, information, and other returns. The
States and Puerto Rico). See the instructions for the applicable
extension will be granted if you complete Form 7004 properly,
return for its due date.
make a proper estimate of the tax (if applicable), file the form by
Rounding Off to Whole Dollars
the due date of the return to which the Form 7004 applies, and
pay any tax that is due.
The entity can round off cents to whole dollars on its return and
schedules. If the entity does round to whole dollars, it must
Automatic 5-month extension. All the returns shown in Part I,
round all amounts. To round, drop amounts under 50 cents and
line 1a of Form 7004 are eligible for an automatic 5-month
increase amounts from 50 to 99 cents to the next dollar (for
extension of time to file from the due date of the return.
example, $1.39 becomes $1 and $2.50 becomes $3).
Automatic 6-month extension. All the returns shown in Part II,
If two or more amounts must be added to figure the amount to
line 1b of Form 7004 are eligible for an automatic 6-month
enter on a line, include cents when adding the amounts and
extension of time to file from the due date of the return. However,
round off only the total.
see the instructions for lines 2 and 4 for exceptions.
Payment of Tax
When to File
Form 7004 does not extend the time for payment of tax.
Generally, Form 7004 must be filed on or before the due date of
Generally, payment of any balance due on line 8 of Form 7004 is
the applicable tax return. The due dates of the returns can be
required by the due date of the return for which this extension is
found in the instructions for the applicable return.
filed. See the instructions for line 8.
Exceptions. See the instructions for line 2 for foreign
Penalty for late filing of return. Generally, a penalty is
corporations with no office or place of business in the United
charged if a return is filed after the due date (including
States. See the instructions for line 4 for foreign and certain
extensions) unless you can show reasonable cause for not filing
domestic corporations and for certain partnerships.
on time.
Termination of Extension
Penalty for late payment of tax. Generally, a penalty of
of
1
2
The IRS may terminate the automatic extension at any time by
1% of any tax not paid by the due date is charged for each
mailing a notice of termination to the entity or person that
month or part of a month that the tax remains unpaid. The
requested the extension. The notice will be mailed at least 10
penalty cannot exceed 25% of the amount due. The penalty will
days before the termination date given in the notice.
not be charged if you can show reasonable cause for not paying
on time.
How and Where To File
If a corporation is granted an extension of time to file a
Form 7004 can be filed electronically for most returns. However,
corporation income tax return, it will not be charged a late
Form 7004 cannot be filed electronically for Forms 8612, 8613,
payment penalty if the tax shown on line 6 (or the amount of tax
8725, 8831, 8876, or 706-GS(D). For details on electronic filing,
paid by the regular due date of the return) is at least 90% of the
visit
tax shown on the total tax line of your return, and the balance
due shown on the return is paid by the extended due date.
If you do not file electronically, file Form 7004 with the Internal
Revenue Service Center at the applicable address for your
Nov 21, 2012
Cat. No. 51607V
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial