Business Income Tax Filing Deadline - 3/15

in tax •  7 years ago  (edited)

Discussion
It is important to note that the filing deadline for S corporations and partnerships is due on March 15. Only basic information is needed to file an extension and a tentative tax total. The tentative tax should be based on a conservative estimate of what a taxpayer expects their income tax liability to ultimately be. Although the extension provides a taxpayer with an extension of time to file, it does not provide an extension of time to pay. The entire income tax liability will be due with the extension.

References
https://www.irs.gov/pub/irs-pdf/f7004.pdf

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Great work

Thanks!

C corporations are due April 15th in most cases.

You're right. Thanks for pointing out the issue. Article will be adjusted accordingly. The pass through entity and C Corp due dates flip flopped last year.

Please upvote me

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Thanks!