Small Business Tax Extension Form 7004

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  • Опубліковано 24 січ 2025

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  • @MyWatchTherapy
    @MyWatchTherapy 11 місяців тому +1

    For a person new to all of this, your video was so helpful. Really like the point you underscored at the end regarding mailing.

  • @jamesveal
    @jamesveal 2 роки тому +4

    Hey Travis, thanks for the awesome video on how to file an extension for my S-corp. No one explains it all like you do brotha. Be safe!

  • @RodneyHolloway-vc6bo
    @RodneyHolloway-vc6bo 9 місяців тому

    Thanks so much for the clear explanation of this form and filing!! It’s been super helpful!!

  • @LifestyleFashion007
    @LifestyleFashion007 9 місяців тому +1

    Great video. Thank you

  • @SHERVINIZE
    @SHERVINIZE 2 роки тому +7

    Thank you for this informative video; My question: What is the form for filing extensions for a multi-member LLC?

  • @khemneteru814
    @khemneteru814 2 роки тому +1

    You just saved my life.
    THANK YOU SO MUCH!!! 🙏🏽

  • @sasstewart1222
    @sasstewart1222 2 роки тому +1

    Spot on Travis, great video, great walkthrough!

  • @johnmcintire3373
    @johnmcintire3373 2 роки тому +1

    Thank you Travis, you're video was super helpful!!!

  • @kenthebarber3911
    @kenthebarber3911 2 роки тому +2

    What code should I file my LLC? 7004 or 4868 or 1120?

  • @stephanieirto
    @stephanieirto 2 роки тому +1

    Are payroll taxes supposed to be part of the total payments and credits (#7)?

  • @joeyp9051
    @joeyp9051 Рік тому +1

    Hey Travis. Very informative. I filed as an LLC to the Ogden, Utah office. The USPS tracking shows they received it on time, but the IRS stamped it for May 23rd. How do I contest this?

    • @TravisSickle
      @TravisSickle  Рік тому

      ua-cam.com/users/shorts9N64GVRLpHM?feature=share

  • @marcosmcm86
    @marcosmcm86 9 місяців тому

    As an alien operating my LLC from another country do I put in the LLC address or the Registered Agent address?

  • @marcosmcm86
    @marcosmcm86 9 місяців тому

    In case you are a non resident alien owner of a single member LLC (needs proforma 1120/5472) do you file an extention with form 7004 or 4868 or both?

  • @mpirecapital4980
    @mpirecapital4980 3 роки тому +1

    I have a Stock trading business under a Sole Proprietor LLC, which form code do I need to put on the extension? Great Video!!

  • @pavoutsinas
    @pavoutsinas 10 місяців тому

    Can it be sent ups or fedex

  • @alwaysrescueplumbing7501
    @alwaysrescueplumbing7501 11 місяців тому

    When is the last day to send the form 7004, to get the max extension.

  • @truthseeker2891
    @truthseeker2891 2 роки тому

    Question do I have to file and extension for my state also ? S-corp California?

  • @mariogornicki1701
    @mariogornicki1701 Рік тому +1

    if the deadline is today, can i still send it today? Would it count as on time?

    • @TravisSickle
      @TravisSickle  Рік тому +1

      Yes, BUT send it CERTIFIED MAIL and keep the receipt.

  • @HoangNguyen-kc9bt
    @HoangNguyen-kc9bt 2 роки тому

    Thanks Travis for great video. 👍, what is the extension form for LLC.

    • @TravisSickle
      @TravisSickle  2 роки тому +1

      www.irs.gov/pub/irs-pdf/f4868.pdf

    • @TravisSickle
      @TravisSickle  2 роки тому

      Just filing your personal extension covers it. Assuming you are doing a schedule C and not a-corp

    • @samanthalee2537
      @samanthalee2537 2 роки тому

      @@TravisSickle i will more than likely owe money. Do I have to send a check in with the form?

  • @alondraaguilar6915
    @alondraaguilar6915 2 роки тому +1

    Great video!!!!!!

  • @osayuwareigbinadolor8431
    @osayuwareigbinadolor8431 Рік тому +1

    Thank you so much !

  • @ChrisMoore22
    @ChrisMoore22 Рік тому

    We started a business in October 2022 and forgot we had to do the 1065 by March 15. What do we do if we missed the date? Can we still fill this out?

    • @TravisSickle
      @TravisSickle  Рік тому

      No, you missed it. It’s a flow through entity so make sure you file extension for personal.

  • @thinklocalusa5053
    @thinklocalusa5053 2 роки тому

    Extension for C-Corp?

  • @mamdouhalkhalaf5734
    @mamdouhalkhalaf5734 2 роки тому

    hi Travis, do you receive a notification from the IRS acknowledging they granted you the extinction?

    • @TravisSickle
      @TravisSickle  2 роки тому

      yes, but it takes forever. You should not rely on it. Send it via certified mail.

  • @cgrinbergs
    @cgrinbergs 3 роки тому

    Hello Travis, thanks for the detailed information!
    I'm from Chile and have a C Corp in the U.S. I don't have an SSN neither an TIN, so I think I can't complete the extension online.
    There is a way that I can file the extension?

    • @TravisSickle
      @TravisSickle  3 роки тому

      Your C-corp should have an EIN. Apply at IRS if you haven't already.

  • @meredithcrawford4944
    @meredithcrawford4944 2 роки тому

    Thank you very helpful

  • @jenniferhernandez160
    @jenniferhernandez160 2 роки тому

    Thank you so much for this video

  • @wrknonadream
    @wrknonadream 2 роки тому

    Question: It's just a few days before the deadline; mailing it before the due date still means it is on time - correct?

    • @TravisSickle
      @TravisSickle  2 роки тому +1

      Correct. just follow the directions exactly like in the video.

    • @kenthebarber3911
      @kenthebarber3911 2 роки тому

      did you file under an llc or s corp?

  • @chamchowder3116
    @chamchowder3116 2 роки тому

    what if you're a single member LLC? what is the Form Code that you would enter for Part 1???

  • @abianghel4217
    @abianghel4217 9 місяців тому

    How do I e-file an extension for an LLC? File online? Do I have to have software, do I have to become a provider? Ive spent many hours researching and it would be so informative if someone could make a video about this. Thank you in advance.

    • @TravisSickle
      @TravisSickle  8 місяців тому

      Your personal tax extension covers it.

  • @philliptaylor7683
    @philliptaylor7683 3 роки тому

    Can this be filed online?

    • @TravisSickle
      @TravisSickle  3 роки тому +1

      Yes, through tax software. But I would goto the post office so you know it’s completed. Online confirms sometimes don’t go though.

  • @kronk358
    @kronk358 Рік тому

    Why doesnt anyone explain the code form numbers? Its obviously the hard part of this form. Like we dont know how to fill in our name or something

    • @TravisSickle
      @TravisSickle  Рік тому

      It’s the form number you’re filing the extension for.

  • @gialucci
    @gialucci 2 роки тому

    Why form 1120s

    • @TravisSickle
      @TravisSickle  2 роки тому

      What business type do you file under?

    • @kenthebarber3911
      @kenthebarber3911 2 роки тому

      @@TravisSickle An LLC with one employee as in myself

    • @TravisSickle
      @TravisSickle  2 роки тому

      @@kenthebarber3911 as an LLC you can file on schedule C, which it sounds like you are, Or as an scorp.

    • @TravisSickle
      @TravisSickle  2 роки тому

      @@kenthebarber3911 4868 just file extension for personal return, which covers your sch C.

  • @beanplop
    @beanplop Рік тому

    For multi-member LLCs (me and my friend), would we put 0 for tentative total tax, total payments and credits, and balance due like the s-corp would? I keep reading things saying we should pay a tax estimate but I thought I'd do that on my own personal taxes.

    • @TravisSickle
      @TravisSickle  Рік тому

      Yes, you’ll pay the estimated on 1040-es.

  • @moi1480
    @moi1480 3 роки тому

    Hello thanks for this video. Could you help me how can I send online? By email address. I’m not right now in USA. Thanks