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Line 5b

month following the close of the tax year) to request an

extension.

Check the applicable box on line 5b for the reason for the short

tax year.

Line 3

If the box for “Change in accounting period” is checked, the

Note. This is applicable to corporations only.

entity must have applied for approval to change its tax year

Only the common parent of a consolidated group can request an

unless certain conditions have been met. For more information,

extension of time to file the group's consolidated return.

see Form 1128, Application To Adopt, Change, or Retain a Tax

Attach a list of all members of the consolidated group

Year, and Pub. 538, Accounting Periods and Methods.

showing the name, address, and EIN for each member of the

If you have a short tax year and none of the reasons listed

group. If you file a paper return, you must provide this

apply, check the box for “Other” and attach a statement

information using the following format: 8.5 x 11, 20 lb. white

explaining the reason for the short tax year. Clearly explain the

paper, 12 point font in Courier, Arial, or Times New Roman;

circumstances that caused the short tax year.

black ink; one sided printing, and at least

inch margin.

Information is to be presented in a two column format, with the

If Form 7004 is filed for a return covering a short tax year

left column containing affiliates' names and addresses, and the

ending in June, see the instructions for Part IV.

right column containing the TIN with

inch between the

columns. There should be two blank lines between listed

Line 6

affiliates.

Enter the total tax, including any nonrefundable credits, the

entity expects to owe for the tax year. See the specific

Generally, all members of a consolidated group must use the

instructions for the applicable return to estimate the amount of

same taxable year as the common parent corporation. If,

the tentative tax. If you expect this amount to be zero, enter -0-.

however, a particular member of a consolidated group is

required to file a separate income tax return for a short period

Line 7

and seeks an extension of time to file the return, that member

Enter the total payments and refundable credits. For more

must file a separate Form 7004 for that period. See Regulations

information about “write-in” payments and credits, see the

section 1.1502-76 for details.

instructions for the applicable return.

Any member of either a controlled group of corporations

or an affiliated group of corporations not joining in a

Line 8

consolidated return must file a separate Form 7004.

CAUTION

Form 7004 does not extend the time to pay tax. If the entity is a

corporation or affiliated group of corporations filing a

Note. Failure to list members of the affiliated group on an

consolidated return, the corporation must remit the amount of

attachment may result in the group's inability to elect to file a

the unpaid tax liability shown on line 8 on or before the due date

consolidated return. However, see Regulations sections

of the return.

301.9100-1 through 301.9100-3 for information about extensions

of time for making elections.

Most entities must use electronic funds transfer to make all

federal tax deposits, including deposits for corporate income

Line 4

taxes. Generally, electronic funds transfers are made using the

Electronic Federal Tax Payment System (EFTPS). To get more

Certain foreign and domestic corporations and certain

information about EFTPS or to enroll in EFTPS, visit

partnerships (as described below) are entitled to an automatic

or call 1-800-555-4477.

extension of time to file and pay under Regulations section

1.6081-5. These entities do not need to file Form 7004 to take

If the entity does not want to use EFTPS, it can arrange for its

this automatic extension and must file (or request an additional

tax professional, financial institution, payroll service, or other

extension of time to file) and pay any balance due by the 15th

trusted third party to make deposits on its behalf.

day of the 6th month following the close of the tax year.

If you file Form 7004 electronically, you can pay by Electronic

This includes:

Funds Withdrawal (EFW). See Form 8878-A, IRS e-file

Partnerships that keep their books and records outside the

Electronic Funds Withdrawal Authorization for Form 7004. If the

United States and Puerto Rico;

corporation expects to have a net operating loss carryback, the

A foreign corporation that maintains an office or place of

corporation can reduce the amount to be deposited to the extent

business in the United States;

of the overpayment resulting from the carryback, provided all

A domestic corporation that transacts its business and keeps

other prior year tax liabilities have been fully paid and Form

its books and records of account outside the United States and

1138, Extension of Time for Payment of Taxes by a Corporation

Puerto Rico; or

Expecting a Net Operating Loss Carryback, is filed with Form

A domestic corporation whose principal income is from

7004.

sources within the possessions of the United States.

Foreign corporations that maintain an office or place of

Attach a statement to the entity’s tax return stating that the

business in the United States should pay their tax as described

above.

entity qualifies for the extension to file and pay. If the entity is

unable to file its return on or before the 15th day of the 6th month

Foreign corporations that do not maintain an office or place of

following the close of the tax year, check the box on line 4 of

business in the United States, see the instructions for the

Form 7004 to request an additional extension of time to file (not

corporation's applicable tax return (Form 1120-F or Form

an extension of time to pay). The additional extension period is 3

1120-FSC) for information on depositing any tax due.

months for partnerships and S corporations and 4 months for C

corporations and filers of Form 1120-POL.

A trust (Form 1041), electing large partnership (Form

1065-B), or REMIC (Form 1066) will be granted an extension

Line 5a

even if it cannot pay the full amount shown on line 8. But it

If you do not use a calendar year, complete the lines showing the

should pay as much as it can to limit the amount of penalties and

beginning and ending dates for the tax year.

interest it will owe.

-3-

Instructions For Form 7004 - Application For Automatic Extension Of Time To File Certain Business Income Tax, Information, And Other Returns Page 3

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