Filing Extension Forms 7004 & 4868: Key Details You Need to Know

Need more time to file your taxes? Learn how Forms 7004 and 4868 can help you stay compliant and avoid penalties.

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With April 15, 2025 fast approaching, if you haven’t filed your tax returns yet, the clock is ticking. If you’re feeling the pressure to get everything done accurately and on time, you’re not alone.

Luckily, there’s a simple solution, filing an IRS extension. IRS extension forms like 7004 and 4868 give you the extra time you need while keeping you in compliance.

In this blog, we’ll cover everything you need to know about these forms: who needs them, what they cover, and how you can file them easily with ExpressExtension.

Who Has a Tax Deadline on April 15, 2025?

Individuals:

  • U.S. citizens or resident aliens filing Form 1040, 1040-SR, or 1040-NR
  • Includes self-employed individuals and freelancers

Businesses:

  • C Corporations (with a calendar year-end)
  • Trusts and Estates
  • Certain multi-member LLCs, S Corporations, and Partnerships (if their original due date was previously extended to April)

Form 7004 – For Business Tax Extensions

Form 7004 provides an automatic 6-month extension to file various business income tax returns. However, it’s important to remember that this is only an extension to file, not to pay.

Form 7004 is used for a variety of business tax returns, typically for entities like:

  • Multi-Member LLC’s
  • S Corporations
  • Corporations
  • Partnerships
  • Trusts
  • Estates

Filing Form 7004 is a simple process. All you need is the business information, details about the tax return requiring an extension, and an estimate of any taxes owed, if applicable.

Since this is an automatic extension, the IRS does not require any explanation for why you are requesting an extension. You simply provide the needed information on the forms, and the extension will be processed without the need for additional information.

Form 4868 – For Individual Tax Extensions

Form 4868 offers an automatic 6-month extension to file your personal income tax return (Form 1040 series). Like Form 7004, this only applies to the filing deadline—not the tax payment.

Completing and filing the extension is quick and easy. All you need is your personal information and the relevant income tax details. If filing jointly, be sure to include your spouse’s information as well.

File Your Extension Effortlessly with ExpressExtension

If you’re not quite ready to file by April 15, filing an extension is your best move. It helps you stay compliant with IRS rules, avoid penalties, and gain the breathing room you need to file accurately.

Want to ease the stress of filing? Use our sister product, ExpressExtension, to file your extension and give yourself the peace of mind that comes with avoiding last-minute deadlines.

With ExpressExtension, you’ll receive real-time updates on the status of your form. Additionally, their Express Guarantee ensures that if your filing is rejected due to a duplicate return, you’ll automatically receive a refund of your filing fee.

Start your filing process early to beat the deadline and ensure you have enough time to file accurately.


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