Overview

If you’re not ready to file your federal taxes by the deadline, don’t panic—requesting an extension is a straightforward process that gives you extra time to file your return without penalties. Here’s what you need to know.

Why File a Tax Extension?

A tax extension grants you an additional six months to file your business tax return. This can be useful if you need more time to organize your financial records, complete your bookkeeping for the year, or find an accountant you want to work with. However, keep in mind that an extension to file is not an extension to pay— any taxes owed are still due by the original deadline to avoid interest and penalties.

How to File a Federal Tax Extension

This guide covers federal tax extensions only. State tax extension rules and deadlines may differ, and not all states offer automatic extensions. Be sure to check with your state’s Secretary of State website or local tax authority to confirm the correct process and deadlines for your state filings.

Step 1: Determine Your Business Type & Form

Different types of businesses use different forms to request an extension:

• Sole proprietors and single-member LLCs: Use Form 4868 (Application for Automatic Extension of Time to File U.S. Individual Income Tax Return). This extends the deadline for Schedule C filers.
• Partnerships, multi-member LLCs, and S corporations: Use Form 7004 (Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns).
• C corporations: Also use Form 7004 to request an extension.

Step 2: Understand Your Extension Filing Deadline