Glossary
Form 7004 (business extension)
The automatic six-month extension of time to file a business return (1120, 1120-S, 1065, and the pro forma 1120 with Form 5472). It extends filing, not payment.
Filed by the original due date, Form 7004 moves March 16 to September 15 and April 15 to October 15 with no explanation required. Tax expected to be owed should be paid with it; otherwise the failure-to-pay penalty and interest run from the original date. For a foreign-owned LLC that owes nothing, the extension still matters because it moves the $25,000 Form 5472 deadline.
Individuals use Form 4868 instead. Neither extension moves the estimated tax dates or the state annual report dates.
Ask a Certified Accountant instead
Two sentences about your situation and we reply within 8 hours with a fixed quote, or with the answer if it is a quick one.
Get a fixed quote
Tell us the basics. We reply within 8 hours, no obligation.