How to E-File Your Business Tax Extension
If you cannot file your Federal individual income tax return by the March 15 deadline, you can apply for an automatic 6-month extension of time to file. Submit IRS Form 7004 by the original filing deadline and have until September 15 to prepare your S-Corp. Multi Member LLC or Partnership tax return.
At TaxExtension.com, it only takes a few minutes to extend your filing deadline. Our team of tax professionals and product experts has designed an easy-to-use online application that guides you through the process of submitting Form 7004 to the IRS. Here’s how you can get your tax extension online with us:
First, Provide Your Information
The IRS requires that you provide certain personal information in order to file a tax extension — including your business name, address, and Federal Tax ID number.
Next, Estimate Your Tax
When you request an extension, you must provide an estimate of your tax liability (if any) for that year. You must also report any estimated tax payments you made for the tax year. Whether you owe taxes or you expect a tax refund, TaxExtension.com makes it easy to assess your situation with our convenient tax calculator. Or, like many of our customers, you can just presume a similar tax situation to last year and use the numbers from your previous year’s tax return. If you owe tax, you can make a payment right here from your bank account via Electronic Funds Withdrawal (EFW), which will help you avoid IRS late fees and interest charges.
Lastly, Submit Your Application
Click “Submit” to electronically file Form 4868, and you’re done! We will send your extension application (and tax payment) directly to the IRS. You can even login to our system and check the status of your extension any time of day. As soon as the IRS approves your tax extension, we send you a confirmation email — something you don’t get if you file a paper tax extension.
In the rare case that your tax extension is denied, we will help determine why — and, after fixing any mistakes, you can re-submit your extension for free. The IRS gives you a few extra days (usually until March 20 at the latest) to fix errors and re-submit your extension. Note that nearly all tax extension rejections are because the business name and Federal Tax ID number don’t match IRS records (usually due to typos or misspellings) OR businesses that file their extension as an S Corporation and have not yet filed IRS Form 2553. Otherwise, as long as your information is entered correctly and you file by the deadline (March 15), you should have no problem getting approved — which is why it’s called an “automatic extension.”
As an authorized IRS e-file provider, TaxExtension.com protects your personal data with the latest technology and daily security scans. This allows our customers to e-file and pay online knowing that their information is kept private.