Tax Extensions Corporations



Tax Extensions Corporations



If you conduct business as a corporation with a fiscal year-end of December 31st, you are required to file your 2008 tax returns on or before March 15, 2009. You can get an automatic extension, however, by filing form 7004 before the March 15 deadline. Form 7004 applies both to "C" and "S" corporations and grants you an automatic 6-month extension to September 15, 2008.



Tax Extensions Corporations - S Corporations

While this automatic extension applies to "S" corporations, you should be aware of a quirk in the tax code. Since "S" corporations "pass through" taxes to your personal returns, the six-month extension is really only a five-month extension. To file your personal tax returns, you must report information from the K-1 issued from the "S" corporation. Unfortunately, the IRS only grants automatic extensions for filing personal tax returns to August 15, 2008.

Tax Extension Forms Corporations

Form 7004 - Application for Automatic Extension of Time to File Corporation Income Tax Return, including both C-Corporations and S-Corporations.

Form 1138 - Extension of Time for Payment of Taxes by a Corporation Expecting a Net Operating Loss, including both C-Corporations and S-Corporations.



Tax Extensions for Corporations

| Business Partnerships | S Corp vs C Corp | Sub S Corporations | LLCs Listed by State
| Business Deductions | LLC vs S Corp | CORP vs Part/Sole Part | LLCs Taxes
| Business Formation | ICs and IRS | Piercing the Corporate Veil | How to Incorporate
| Delaware Corporation | Corporations Listed by States | S Corporations Listed by States

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