Fillable Form Mo-7004 - Application For Extension Of Time To File (Page 2 of 2) in pdf

INSTRUCTIONS FOR COMPLETING FORM MO-7004

WHO SHOULD FILE A FORM MO-7004

TAXPAYER IDENTIFICATION NUMBER(S)

Enter the tax identification number(s) and charter number.

Missouri grants an automatic extension of time to file corporation income

and corporation franchise tax to any corporation that has a federal

FILING FEDERAL FORM 1120C OR FEDERAL FORM 990T

extension. A federal extension does not extend the due date for Financial

Check the box based on the federal form filed. If box Form 1120C is

Institution taxes.

checked per Section 143.511, RSMo, the effective due date for entities

You do not need to file a Form MO-7004 (Application for Extension of Time

filing Federal Form 1120C is the same as the federal due date. For

to File—Corporation Income Tax and Franchise Tax Return) unless:

calendar year filers, this is September 15. For fiscal year filers, the due

date is the 15th day of the ninth month following the close of the taxable

• You expect to owe a tax liability for the period. Form MO-7004 and

year. Franchise tax is always due the 15th day of the fourth month

payment are due on or before the due date of the return.

following the beginning of the tax year.

• You want a Missouri extension but not a federal extension. See

If box Form 990T is checked, per Section 143.511, RSMo, the effective

“Note” below for exception. Form MO-7004 is due on or before the due

due date for entities filing Federal Form 990T is the same as the federal

date of the return. A copy of Form MO-7004 must be enclosed with the

due date. For calendar year filers, this is May 15. For fiscal year filers,

Missouri return when filed. An approved Form MO-7004 extends the due

the due date is the 15th day of the fifth month following the close of the

date up to 180 days.

taxable year.

• You seek a Missouri extension exceeding the federal automatic

extension period. Form MO-7004 must be filed on or before the end of

BLANKET AND CONSOLIDATED REQUESTS

the federal automatic extension period.

Blanket and consolidated requests for extensions will not be granted.

A separate application must be submitted for each return and for each

You must complete a separate Form MO-7004 for each return.

member of an affiliated group filing a consolidated federal income tax

NOTE: You are not re quired to file a Form MO-7004 if:

return and not filing a Missouri consolidated return.

1) You have an approved federal extension. (Enclose a copy of your

federal extension when you file your Missouri return.)

LINE-BY-LINE INSTRUCTIONS

2) You do not expect to owe additional tax.

FOR TAX PAYMENT SCHEDULE

3) You anticipate receiving a refund.

Line 1 —

Enter the amount of estimated Missouri tax liability for the

An extension of time to file a corporate tax return does not extend

taxable year.

the time for payment of the tax. Unless an extension of time to pay

Line 2(a) — Enter the total amount of payments of estimated Mis souri

has been granted, a penalty of 5% and interest is charged on the part

income tax paid, or expected to be paid, for the taxable

of the total tax which is not paid by the original due date of the return.

year.

The interest rate will be posted on our web site at:

Remittance should be made payable to “Missouri Department of Revenue”

Line 2(b) — Enter credit of overpayment from prior years.

and submitted with this application.

Line 2(c) — Enter your total approved tax credits for the taxable year.

WHERE TO FILE

Line 2(d) — Enter the total of Lines 2(a) through 2(c).

Mail your extension application to the address for the tax type you indicated

Line 3 —

Subtract Line 2(d) from Line 1 and enter the result on Line

on the front of this form.

3. This is the balance of tax due. Enclose your check or

money order in this amount made payable to “Missouri

PERIOD OF EXTENSION PAST AUTOMATIC FEDERAL

Department of Revenue”. Be sure to print your Federal

EX TEN SION PERIOD

I.D. Number or Missouri Tax I.D. Number on your check or

money order.

The Missouri extension equals the extension granted for federal tax

purposes. Longer extensions will not be granted unless sufficient need for

If you pay by check, you authorize the Department of Revenue to process

such extended period is clearly shown on the Form MO-7004. Extensions

the check electronically. Any returned check may be presented again

past the automatic extension period must be requested in writing and must

electronically.

be attached to Form MO-7004 and filed on or before the date the federal

extension expires.

TYPE OF RETURN/EXTENSION

Check the box to indicate the type of return/extension filed. You may only

mark one box. Separate Form MO-7004(s) must be filed for each tax return.

MO-7004 (10-2012)

Form Mo-7004 - Application For Extension Of Time To File Page 2

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