Instructions For Form 1040-Ss Page 3
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13each trade or business, and combine the
is due (April 18, 2017, for calendar year
Exception—Community income. If you
net earnings in a single Part V.
taxpayers). Although you have an
and your spouse wholly own an
extension of time to pay your tax, interest
unincorporated business as community
Joint returns. If both you and your
on any unpaid tax will be charged from the
property under the community property
spouse have self-employment income
original due date of the return.
laws of a state, foreign country, or U.S.
from separate farm or nonfarm
possession, the income and deductions
To get this automatic extension, you
businesses, each of you must complete
are reported based on the following.
must file Form 1040-SS by the extended
and file a separate Part III or Part IV. Be
If only one spouse participates in the
due date (June 15, 2017, for calendar year
sure to enter at the top of each Part III or
business, all of the income from that
taxpayers) and attach a statement
Part IV the name and SSN of the spouse
business is the self-employment earnings
explaining that on the regular due date of
who owns the business. Each of you must
of the spouse who carried on the
your return you were a bona fide resident
also complete a separate Part V. Attach
business.
of American Samoa, the CNMI, Guam, or
these pages to a single Form 1040-SS.
If both spouses participate, the income
the USVI.
Business Owned and
and deductions are allocated to the
Additional 4-month extension. If you
spouses based on their distributive
Operated by Spouses
can't file your return within the automatic
shares.
2-month extension period, you generally
If you and your spouse jointly own and
If either or both you and your spouse
can get an additional 4 months to file your
operate an unincorporated farm or
are partners in a partnership, see
return, for a total of 6 months. File Form
nonfarm business and share in the profits
Partnership Income or Loss
in the
4868 by the new due date allowed by the
and losses, you are partners in a
instructions for Part V, later.
2-month extension (June 15, 2017, for
partnership, whether or not you have a
If you and your spouse elected to treat
calendar year taxpayers). Follow the
formal partnership agreement. Do not use
the business as a QJV, see
instructions for completing Form 4868,
Part III or Part IV. Instead, file the
Exception—Qualified joint venture
(QJV),
and be sure to check the box on line 8.
appropriate partnership return.
earlier.
Unlike the original 2-month extension,
Exception—Qualified joint venture
When To File
the additional 4 months of time to file is
(QJV).
not an extension of time to pay. You must
If you file on a calendar year basis, file by
If you and your spouse materially
make an accurate estimate of your tax
April 18, 2017.
participate (see Material participation in
based on the information available to you.
the 2016 Instructions for Schedule C
If you find you can't pay the full amount
If you file on a fiscal year basis, file by
(Form 1040)) as the only members of a
due with Form 4868, you can still get the
the 15th day of the 4th month after the
jointly owned and operated business, and
extension. You will owe interest on the
close of your fiscal year.
you file a joint Form 1040-SS for the tax
unpaid amount from the original due date
year, you can make a joint election to be
Extension of Time To File
of the return.
taxed as a QJV instead of a partnership.
If you can't file Form 1040-SS by the due
To make this election, you must divide all
Where to file extension requests.
date, you can get an extension of time to
items of income, gain, loss, deduction,
If you are enclosing a payment, send Form
file the form. In some cases, you can get
4868 with your payment to:
and credit attributable to the business
an extension of time to file and pay any tax
between you and your spouse in
due.
Department of the Treasury
accordance with your respective interests
Internal Revenue Service
in the venture. Each of you must file a
Bona fide residents of Puerto Rico.
P.O. Box 1302
separate Part III or Part IV, as well as a
You can apply for an automatic 6-month
Charlotte, NC 28201-1302
separate Part V. On each line of your
extension of time to file Form 1040-SS
separate Part III or Part IV, you must enter
(until October 16, 2017, for calendar year
your share of the applicable income,
If you aren't enclosing a payment, send
taxpayers). To get this automatic
deduction, or loss. For complete
Form 4868 to:
extension, you must file Form 4868, by the
information on this election, see the 2016
regular due date of your return (April 18,
Department of the Treasury
Instructions for Schedule E (Form 1040).
2017, for calendar year taxpayers). You
Internal Revenue Service
can file Form 4868 either by paper or
For more information on QJVs, go to
Austin, TX 73301-0045
electronically through IRS e-file. For
IRS.gov and enter “qualified joint venture”
details, see the instructions on Form 4868.
in the search box.
Where To File
This 6-month extension to file
Rental real estate business. If you
If you are enclosing a check or money
does not extend the time to pay
and your spouse make the election for
!
order, send your Form 1040-SS to:
your tax. Any interest due on
your rental real estate business, the
CAUTION
unpaid taxes is calculated from the original
income generally isn't subject to SE tax
Department of the Treasury
due date of the return.
(for an exception, see item 3 under
Other
P. O. Box 1303
Income and Losses Included in Net
Charlotte, NC 28201-1303
Bona fide residents of American Sa-
Earnings From Self-Employment
in the
moa, the CNMI, Guam, or the USVI.
instructions for Part V, later).
You can apply for the automatic 6-month
If you aren't enclosing a check or
If the election is made for a farm rental
money order, send your Form 1040-SS to:
extension described above, or you can
business that isn't included in
receive an automatic 2-month extension
self-employment, the income isn't subject
Department of the Treasury
and then apply for an additional 4-month
to SE tax. Do not include the income on
Internal Revenue Service
extension if you still need more time.
Form 1040-SS. Depending on the source
Austin, TX 73301-0215
of the income (possession, U.S. source, or
Automatic 2-month extension. You
other foreign source), you may need to file
are allowed an automatic 2-month
other tax forms. See Pub. 570, and Form
extension to file your return and pay your
4835, for more information.
tax if you are outside the United States
and Puerto Rico on the day Form 1040-SS
Instructions for Form 1040-SS (2016)
SS-3
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