Deadline passed?

Form 7004 extension, move your deadline to October 15

Form 7004 buys your LLC a 6-month automatic extension for the corporate return (1120), which carries Form 5472. The original deadline is April 15. With a timely extension, your new deadline is October 15.

Original deadline

April 15

Extension deadline

October 15

Extension form

Form 7004

Extension length

6 months automatic

Does not waive existing penalties

A 7004 extension extends time to file, not necessarily penalties already accruing. Under IRC §6038A(d), missed Form 5472 can trigger $25,000 per form per year plus continuation penalties after IRS notice. Consult a licensed tax professional.

Form 7004 provides an automatic 6-month extension of time to file certain business income tax returns. Filing Form 7004 does not extend the time to pay tax. IRS Source ↗

Form 7004 extends the time to file, not the time to pay any tax that may be owed. An extension to October 15 does not eliminate penalties for prior missed filings. Fylit generates a Form 7004 draft for you to review and submit. Legal disclosures

7004 workflow

A guided Form 7004 draft path is on the roadmap. Start with Fylit Check to see how your LLC fits, or read about Fylit October if you are aiming for an October 15 filing date.

Generate 7004 Fast →Prep for October 15

Your original filing deadline has passed. Under IRC §6038A(d), the IRS may assess a penalty of $25,000 per form per tax year for failure to file Form 5472, plus $25,000 per 30-day period after an IRS notice, with no statutory cap. Getting organized now may reduce further exposure. This does not guarantee any penalty waiver or abatement. Consult a licensed tax professional regarding any penalties already assessed. Legal disclosures