March 17, 2025: The Business Tax Deadline You Can’t Afford to Miss–Extend with Form 7004
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Tax season is in full swing! The deadlines for filing Form 1099-NEC and W-2 have already passed, and ACA reporting deadlines are currently underway. But that’s not all—several other key tax forms, including other 1099 series forms and 1042-S, are due soon.
While these deadlines keep tax professionals and businesses on their toes, there’s another crucial one approaching for S-corporations and partnerships: the March 17, 2025 deadline for business tax returns.
If your business needs more time to file, Form 7004 is your solution. This extension form allows S-corporations, partnerships, and certain other entities to extend their filing deadlines, giving them up to six extra months to complete their returns. But here’s the catch—you must file Form 7004 on or before March 17 to secure that extension.
In this article, we’ll break down everything you need to know about Form 7004: who needs to file, what it covers, and whether it extends your tax payment deadline. Don’t let time slip away—let’s dive in!
Form 7004 – An Overview
Form 7004 is an Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns, is a tax extension form used by businesses, trusts, and other entities to extend their income tax filing deadline.
Upon filing Form 7004, you can receive an additional 6 months to file your business income tax returns. The extension is automatic—you are not required to provide an explanation to the IRS for requesting an extension.
Your business tax extension will be approved as long as you file Form 7004 with the required information on or before the original deadline of the tax return you wish to extend.
Information Required to File Form 7004
To e-file Form 7004, you must provide some key information about your business or entity. The information includes:
- Business Name – The legal name of your business or entity
- Address – The current mailing address of your business or entity
- Taxpayer Identifying Number – Your Employer Identification Number (EIN) or Social Security Number (SSN)
- Tax Form Code – The appropriate code for the tax form you’re requesting an extension for
- Tax Year Details – The beginning and ending dates of the tax year
- Tentative Total Tax Liability – An estimate of your total tax obligation for the year
- Total Payments and Credits – The amount your business has already paid or received in credits
- Balance Due – Any remaining tax owed for the year
March 17, 2025 – Key Deadline for Business Tax Extension (Form 7004)
The deadline to file IRS Form 7004 for a business tax extension is March 17, 2025. This applies to most businesses, including partnerships, S corporations, and LLCs filing as partnerships or s-corporations.
| Deadline | Applicable Forms |
| Business tax returns that are due by March 17, 2025 | Form 1120-S Form 1065 Form 1042 Form 1065-B Form 3520-A Form 8612 Form 8613 Form 8804 Form 1066 |
Does Form 7004 Extend the Deadline for Tax Payment?
No, Form 7004 does not extend the deadline to pay taxes—it only extends the deadline to file your tax return.
If your business owes taxes, the IRS requires you to make the payment by the original due date (March 17, 2025) to avoid penalties and interest. Filing an extension does not delay tax payments, so it’s important to estimate and pay any tax due when submitting Form 7004.
Act Now to Avoid Last-Minute Stress
Filing your extension on time can be a challenge, and getting instant approval is crucial. That’s where ExpressExtension comes in!
As an IRS-authorized e-file provider, ExpressExtension, our sister product, simplifies the Form 7004 filing process for businesses and tax professionals. With our fast and user-friendly platform, you can secure an automatic 6-month extension in just a few clicks.
With real-time updates, you can track your extension status instantly. If your form is rejected, you can correct errors and retransmit it at no extra cost. Plus, you can copy data from previous returns to save time.
Stay ahead with the deadline and avoid the last minute rushes. E-file your Form 7004 today with ExpressExtension!
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