How To File a Business Tax Extension

The Colorado individual income tax return, including income from single-member LLCs, is due April 15. Estimated payments for corporation tax can be made online at the California Franchise Tax Board website. If you are concerned about whether one of these situations applies to your S corporation, you can find filing and payment requirements on the California FTB Web Pay or schedule a consult with a tax expert on your LegalZoom account.

Request an extension before your tax deadline

New York requires corporations to file New York Form CT-5 by April 15 to obtain a six-month extension to file their 2024 corporation franchise tax return until Oct. 15. New York requires S corporations to file New York Form CT-5.4 by March 15 to obtain a six-month extension to file their 2024 S corporation tax return until Sept. 15. If you received a notification from us that we have filed a federal extension for your corporation return, there is nothing else you need to do for a New Mexico extension. If you received a notification from us that we have filed a federal extension for your S corporation return, there is nothing else you need to do for a New Mexico extension. If you received a notification from us that we have filed a federal extension for your partnership return, there is nothing else you need to do for a New Mexico extension.

There are a few ways to submit payments along with your extension request. You can also file an extension by mail or learn more about tax extensions via the IRS website. Most businesses use Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns, to request an extension. To avoid these late payment penalties, you’ll need to estimate what you owe and make a payment with your extension request.

Where to Mail the Completed Form 7004

New Hampshire automatically grants a 7-month extension, giving you until Oct. 15 to file your 2024 BPT and BET tax returns, provided 100% of the BPT and BET have been paid by March 15. New Hampshire automatically grants a seven-month extension, giving you until Oct. 15 to file your 2024 New Hampshire BPT and BET tax returns, provided 100% of the BPT and BET have been paid by March 15. New Hampshire grants you an automatic seven-month extension, giving you until Nov. 15 to file your 2024 Interest and Dividend tax return, provided you have paid the total tax due by the original due date of the return.

Understanding Extension Period, Termination, and Rounding Off for Form 7004

For businesses also filing Form RPD-41367, the same extension will cover both returns. If you have a prior-year tax liability of $10,000 or greater in any tax, your extension payment must be paid electronically. If you owe taxes on Form NJ-CBT-1065, you can pay by mailing payment with Form CBT-206. If you owe taxes on Form NJ-1065, you can pay by mailing payment with Form PART-200-T. The extension provides 5 months of additional time to file Forms NJ-1065 and NJ-CBT-1065. The extension provides 6 months of additional time to file Form CBT-100S.

Why apply for a business tax extension?

For sole proprietors and single-member LLC owners, that’s Schedule C. For partners, multiple-member LLC owners, and S corporation owners, that’s Schedule K-1. For additional information, refer to Publication 54, Tax Guide for U.S. Several companies offer free filing of Form 4868 through the Free File program. Only share sensitive information on official, secure websites. Your 2025 return is due October 15, 2026. The IRS also provides a list of addresses for each state so you can ensure you mail the form to the right place.

Instead, Nevada assesses the Commerce Tax on all business entities doing business in the state whose gross revenues exceed $4 million. This tax would apply to single-member LLCs grossing more than $4 million. Nevada does assess the Commerce Tax on all business entities doing business in the state whose gross revenues exceed $4 million. Provided you have paid at least 90% of the total tax liability by April 30. You can visit the Tax Commission website to determine if you have a valid extension.

Does Form 7004 extend the due date for paying my taxes?

Louisiana allows an automatic extension of time to file your Form IT-565 (new for 2022). If the amount due is over $5,000, your extension payment must be paid electronically. Pay online at the Louisiana Department of Revenue website or by credit card at Officialpayments.com. The deadline to file Form CIFT-620 is the 15th day of the 5th month following the end of your accounting period. The deadline to file Form PTE is the 15th day of the 4th month following the end of your accounting period.

• If you received a notification from us that we have filed a federal extension for your individual income tax return, there is nothing else you need to do for a Maine extension.
• If you’re getting a federal refund, the short answer is no.
• New Hampshire allows an automatic extension of time to file your Form NH-1120 when you’ve paid 100% of the tax due.
• The deadline to file Form BI-471 is the 15th day of the 3rd month following the end of your accounting period.

Illinois allows an automatic extension of time to file your Form IL-1065. If your annual tax liability meets or exceeds $20,000, payments must be made electronically. The deadline to file Form IL-1120-ST is the 15th day of the 3rd month following the end of your accounting period. Illinois allows an automatic extension of time to file your Form IL-1120-ST. The deadline to file Form 65 is the 15th day of the 4th month following the end of your accounting period. Idaho allows an automatic extension of time to file your Form 65.

Underestimating Tax Liability

The Wisconsin individual income tax return, including income from single-member LLCs, is due April 15. Estimated payments for corporation tax can be paid online at the West Virginia Tax Division website. If you are concerned one of these situations may apply to your partnership, you can find filing and payment requirements on the West Virginia Tax Division website or schedule a consult with a tax expert on your LegalZoom account. Estimated payments for corporation tax can be paid online at the Virginia Department of Taxation website.” The Virginia individual income tax return, including income from single-member LLCs, is due May 1.

Apply for an extension

You’re not done yet, but you’ve got more time to make sure everything is in order, thanks to filing Form 7004 for an extension on your small business taxes. By avoiding these common errors and carefully following the instructions, you can file your business tax extension smoothly, whether it’s filed on paper or electronically. Always double-check your business details, tax extension form code, and the tax year you’re filing for. This means your tax how and when to file an extension on business taxes return is expected by the original deadline, and not meeting this can lead to more fines, underscoring the need to file Form 7004 promptly.

Alabama accepts your timely filed federal extension, giving you until Sept. 15 to file your 2024 partnership tax return. If you received a notification from us that we have filed a federal extension for your individual income tax return, there is nothing else you need to do for an Alabama extension. The IRS Form 7004 is used to request an extension of time to file certain business income tax, information, and other returns.

• If you owe taxes, you can pay by mailing payment with Form 1120SN or pay electronically using Nebraska e-pay, ACH Credit, or Nebraska Tele-pay.
• New York allows an automatic extension of time to file your Form CT-3-S when you file a New York Extension Request.
• Attach a copy of federal Form 7004 to Form 65 upon filing.
• S corporations with Maine source income and any partners who aren’t residents of Maine must file Form 941P-ME.
• Extension payments for corporation tax can be paid online at the Maine Tax Portal website.
• Partnerships with Maine source income and any partners who aren’t residents of Maine must file Form 941P-ME.

South Carolina

Estimated payments for the corporation’s income tax can be made by logging into AZTaxes.gov. If you are concerned one of these situations applies to your partnership, you can find filing and payment requirements on the AZtaxes.gov website or schedule a consult with a tax expert on your LegalZoom account. They report business income or losses on Schedule C, which attaches to their individual 1040 income tax return. When preparing your individual income tax return extension, make sure that you estimate the additional tax due from the passthrough entity income on your individual 1040 return. The IRS can charge penalties and interest if you pay your taxes after the original due date, even if you have filed for an extension. In other words, your tax payment is due by the tax deadline, no matter if you file an extension or not.

Otherwise, make the request by filing Form 504-C. Otherwise, make the request by filing Form D-410P. Check the “Federal Extension” circle on Form D-403 upon filing. Otherwise, make the request by filing Form CD-419.

The deadline to file Form 100S is the 15th day of the third month following the end of your accounting period. California allows an automatic extension of time to file your Form 100S. The deadline to file Form AR1050 is the 15th day of the 4th month following the end of your accounting period. The deadline to file Form AR11100S is the 15th day of the 4th month following the end of your accounting period. The deadline to file Form 165 is the 15th day of the 3rd month following the end of your accounting period.