About Form 1041 Extension

To all the businesses operating in the U.S., this is a gentle reminder that April 15, 2021, is the last day to file your U.S. Income Tax return to the IRS failing lead to penalties and interests.

You can request an automatic extension of 6 months to file your Income tax returns by filing Tax Extension Form 7004, If you can't file it on-time.

What is Form 7004?

Form 7004 is an Automatic Extension Form for businesses that provides them an additional six months to file their Federal Business tax returns.

Why Form 7004?

Form 7004 provides you additional time to file your business Income tax, tax return, and information.

The form provides an additional six months, thereby extending the time up to October 15, 2021, to file your 1041 tax return. You need to file tax extension Form 7004 before April 15, 2021, to avoid penalties.

What is 1041 Extension

Form 1041 is used by estates, trusts, and bankruptcy estates to report the income, gains, losses, deductions, credits, income tax liability of the estate or trust to the IRS. It is also used to report any employment taxes on wages paid to household employees.

In case you need more time to file your 1041 tax return, you can apply for 1041 extension using IRS Form 7004 (1041 extension) to extend their filing deadline up to 6 months. 

An estate (other than a bankruptcy estate) and a trust filing form 1041 extension are eligible for an automatic 5½-month extension of time to file 1041 tax returns. 

Benefits of Filing 1041 Extension Form 7004 Electronically:

> Quick Processing

> Instant IRS Approval

> Know the filing status instantly

> Saves your time
> Avoid last-minute hassle!

How do I file a 1041 extension using Form 7004?

You can file Extension Form 7004 either by paper or electronically. However, the IRS suggests you file Form 7004 electronically for quick processing and get instant approval. 

Why Choose ExpressExtension to file Form 7004?

ExpressExtension is an IRS-authorized e-file service provider where you can E-file Form 7004 quickly and accurately!. If your Extension gets rejected, you can retransmit the form in ExpressExtension for Free.

The e-filing software makes your filing process easier, and thereby saving your time and giving you the advantage of paying tax dues along with Form 7004 to IRS.