Form 7004 (extension request)
IRS form requesting automatic 6-month extension of corporate or LLC tax filing deadline.
Definition
Form 7004 grants automatic 6-month extension of the corporate filing deadline. For calendar-year filers, extends from April 15 to October 15. Files for Form 1120, Form 1120S, Form 1065, and certain other corporate returns.
Context
Foreign-owned single-member LLCs filing Form 5472 + pro forma Form 1120 can use Form 7004 for the standard 6-month extension.
Example
A non-resident-owned LLC needs more time to gather records for Form 5472 + pro forma 1120. They file Form 7004 by April 15 and extend to October 15.
Common pitfalls
- Form 7004 extends filing time, not payment time; estimated tax payments still due April 15.
- Late Form 7004 does not extend the deadline; file before original deadline.