In general, all businesses operating in the U.S. are required to report their activities to the IRS by filing annual tax returns. The due date and type of tax return that is filed depend on the business entity.
If a business cannot file on time, Form 7004 should be submitted to request a tax extension. Form 7004 must be filed by the original due date of the business’ tax return. Depending on the type of business, the IRS will grant a five- or six-month extension period, beginning on the date the tax return was originally due.
The deadline for both 1120 Tax Returns is the 15th of April and the 15th of September for Extended returns. Please note that these are subject to change via the IRS, and you will want to check out their website at www.irs.gov for the most recent information.
NOTE: If a corporation files based on the fiscal year, the original filing due date is the 15th day of the 3rd month following the close of the taxable year.
7004 - Extension to File Business, Information, and Other
This information applies to all years of the UltimateTax software.