How to Fill Out Tax Extension Form 7004

Instructions

1

Obtain a copy of Form 7004. Visit the Internal Revenue website and download Form 7004 (see below). The proper name for the form is "Application for Automatic 6-Month Extension of Time To File Certain Business Income Tax, Information and Other Returns." Make sure you download the appropriate form.
2

Enter your company's identifying information. This will include the company's name, address and tax identification number.
3

Review the instructions to locate the form code that is applicable for your tax return. The instructions have an extensive listing of codes for the appropriate form.
4

Inform the government of the tax year for which you are filing From 7004. If it is not for a full year, check the appropriate explanation box for why it is covering less than 12 months.
5

Insert the estimated 'tentative total tax' for which your company is liable.
6

Provide the amount of tax payments and credits made throughout the year.
7

Determine the difference between the two. If your company paid more taxes than required, then your company is due a refund. However, if it did not pay the tax amount as required by the Federal government, then your company will owe additional taxes.