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Part I - Automatic Extension for C

Penalty for late filing of return. Generally, a penalty is

charged if a return is filed after the due date (including

Corporations With Tax Years Ending

extensions) unless you can show reasonable cause for not filing

December 31

on time.

Penalty for late payment of tax. Generally, a penalty of

1% of any tax not paid by the due date is charged for each

Line 1a

month or part of a month that the tax remains unpaid. The

If you are applying for an automatic 6-month extension for a

penalty cannot exceed 25% of the amount due. The penalty will

calendar year C corporation with a tax year ending

not be charged if you can show reasonable cause for not paying

December 31, enter the appropriate Form Code in the boxes on

on time.

line 1a to indicate the type of return for which you are requesting

If a corporation is granted an extension of time to file a

an extension. If you make a Form Code entry on line 1a, do not

corporation income tax return, it will not be charged a late

complete Part II, III, or IV.

payment penalty if the tax shown on Part V, line 6 (or the amount

Part II - Automatic Extension for

of tax paid by the regular due date of the return) is at least 90%

of the tax shown on the total tax line of your return, and the

Certain Estates and Trusts

balance due shown on the return is paid by the extended due

date.

Line 1b

Interest. Interest is charged on any tax not paid by the regular

If you are applying for an automatic 5-1/2-month extension for

due date of the return from the due date until the tax is paid. It

certain estates or trusts, enter the appropriate Form Code in the

will be charged even if you have been granted an extension or

boxes on line 1b to indicate the type of return for which you are

have shown reasonable cause for not paying on time.

requesting an extension. If you make a Form Code entry on

Forms 1065, 1065-B, and 1066. A penalty may be assessed

line 1b, do not complete Part I, III, or IV.

against the partnership or REMIC if it is required to file a return,

Part lll - Automatic Extension for

but fails to file it on time, including extensions, or files a return

that fails to show all the information required. The penalty can be

Entities Not Using Part I, II, or IV

waived if the entity can show reasonable cause for not filing on

time. See the Instructions for Forms 1065, 1065-B, or 1066 for

Line 1c

more information.

If you are applying for an automatic 6-month extension for a

Reasonable cause. If you receive a notice about a penalty

return listed in Part III, enter the appropriate Form Code in the

after you file your return, send the IRS an explanation and we will

boxes on line 1c to indicate the type of return for which you are

determine if you meet reasonable-cause criteria. Do not attach

requesting an extension. If you are a calendar year C

an explanation when you file your return.

corporation or a C corporation with a tax year ending June 30,

do not complete Part lll. Instead, complete Part I or Part IV,

Specific Instructions

whichever applies.

Name and identifying number. If your name has changed

Note. If an association is electing to file Form 1120-H, U.S.

since you filed your tax return for the previous year, enter on

Income Tax Return for Homeowners Association, it should file

Form 7004 your name as you entered it on the previous year's

for an extension on Form 7004 using the original form type

income tax return. If the name entered on Form 7004 does not

assigned to the entity. See the Instructions for Form 1120-H.

match the IRS database and/or the identifying number is

Part lV - Automatic Extension for C

incorrect, you will not have a valid extension. Enter the

Corporations With Tax Years Ending

applicable employer identification number (EIN) or social

security number.

June 30

Address. Include the suite, room, or other unit number after the

street address. If the post office does not deliver mail to the

Line 1d

street address and the entity has a P.O. box, show the box

number instead of the street address.

If you are applying for an automatic 7-month extension for a C

corporation with a tax year ending June 30, (a 6-month

If the entity's address is outside the United States or its

extension if filing Form 1120-POL), enter the appropriate Form

possessions or territories, enter in the space for “city or town,

Code in the boxes on line 1d to indicate the type of return for

state, and ZIP code,” the information in the following order: city,

which you are requesting an extension. If you make a Form

province or state, and country. Follow the country's practice for

Code entry on line 1d, do not complete Part I, II, or III.

entering the postal code. Do not abbreviate the country name.

If your mailing address has changed since you filed your last

Note. A corporation with a short tax year ending anytime in

return, use Form 8822, Change of Address, or Form 8822-B,

June is treated as if the short tax year ended on June 30.

Change of Address or Responsible Party—Business, to notify

Part V - All Filers Must Complete This

the IRS of the change. A new address shown on Form 7004 will

not update your record.

Part

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 must file

Form 7004 by the due date of the return (the 15th day of the 6th

-2-

Instructions For Form 7004 - Application For Automatic Extension Of Time To File Certain Business Income Tax, Information, And Other Returns Page 2

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