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Instructions for Form 7004

Department of the Treasury

Internal Revenue Service

(Rev. December 2016)

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

If you file Form 7004 on paper and file your tax return

otherwise noted.

electronically, your return may be processed before the

Future Developments

extension is granted. This may result in a penalty notice.

CAUTION

For the latest information about developments related to Form

Signature. No signature is required on this form.

7004 and its instructions, such as legislation enacted after they

No Blanket Requests

were published, go to

File a separate Form 7004 for each return for which you are

What's New

requesting an extension of time to file. This extension will apply

only to the specific return identified on lines 1a through 1d. For

consolidated group returns, see the instructions for Part V, line 3.

For tax years beginning after 2015, the extensions of time to file

tax returns for partnerships, certain corporations, and trusts and

Do not complete more than one part of Form 7004. See

estates (other than bankruptcy estates) have changed. Form

the instructions for lines 1a through 1d.

7004 and the related instructions have been modified to reflect

CAUTION

the changes.

Extension Period

General Instructions

The IRS will no longer send a notification that your extension has

been approved. We will notify you only if your request for an

Purpose of Form

extension is disallowed. Properly filing Form 7004 will

Use Form 7004 to request an automatic extension of time to file

automatically give you the maximum extension allowed from the

certain business income tax, information, and other returns. The

due date of your return to file the return. See the instructions for

extension will be granted if you complete Form 7004 properly,

Part V, lines 2 and 4 for exceptions for foreign corporations,

make a proper estimate of the tax (if applicable), file the form by

certain domestic corporations, and certain partnerships with

the due date of the return to which the Form 7004 applies, and

their books and records outside of the United States and Puerto

pay any tax that is due.

Rico. See the instructions for the applicable return for its due

date.

Automatic 5-1/2-month extension. The estate and trust

returns listed in Part II are eligible for an automatic 5-1/2 month

Termination of extension period. The IRS may terminate the

extension of time to file from the due date of the return.

automatic extension at any time by mailing a notice of

termination to the entity or person that requested the extension.

Automatic 6-month extension. The returns listed in Part l and

The notice will be mailed at least 10 days before the termination

Part lll are eligible for an automatic 6-month extension of time to

date given in the notice.

file the return from the due date of the return. However, see the

Rounding Off to Whole Dollars

instructions for Part lV and the instructions for Part V, lines 2 and

4 for exceptions.

The entity can round off cents to whole dollars on its return and

Automatic 7-month extension. The returns listed in Part lV,

schedules. If the entity does round to whole dollars, it must

except for Form 1120-POL, are eligible for an automatic 7-month

round all amounts. To round, drop amounts under 50 cents and

extension of time to file from the due date of the return. Form

increase amounts from 50 to 99 cents to the next dollar (for

1120-POL filers are eligible for an automatic 6-month extension

example, $1.39 becomes $1 and $2.50 becomes $3).

of time to file.

If two or more amounts must be added to figure the amount to

When To File

enter on a line, include cents when adding the amounts and

round off only the total.

Generally, Form 7004 must be filed on or before the due date of

the applicable tax return. The due dates of the returns can be

Payment of Tax

found in the instructions for the applicable return.

Form 7004 does not extend the time to pay any tax due.

Exceptions. See the instructions for Part V, line 2 for foreign

corporations with no office or place of business in the United

States. See the instructions for Part V, line 4, for foreign and

CAUTION

Generally, payment of any balance due on Part V, line 8 is

certain domestic corporations and for certain partnerships.

required by the due date of the return for which this extension is

How and Where To File

filed. See the instructions for line 8.

Form 7004 can be filed electronically for most returns. However,

No checks of $100 million or more accepted. The IRS

Form 7004 cannot be filed electronically for Forms 8612, 8613,

cannot accept a single check (including a cashier’s check) for

8725, 8831, 8876, or 706-GS(D). For details on electronic filing,

amounts of $100,000,000 ($100 million) or more. If you are

visit

sending $100 million or more by check, you will need to spread

the payments over two or more checks with each check made

If you do not file electronically, file Form 7004 with the Internal

out for an amount less than $100 million. The $100 million or

Revenue Service Center at the applicable address for your

more amount limit does not apply to other methods of payments

return as shown in the table, Where To File, later in the

(such as electronic payments).

instructions.

Feb 02, 2017

Cat. No. 51607V

Instructions For Form 7004 - Application For Automatic Extension Of Time To File Certain Business Income Tax, Information, And Other Returns

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