Does Indiana accept federal extension for corporations?
Approved Federal Extension The Indiana Department of Revenue accepts the approved federal Form 7004 (Application for Automatic Extension of Time to File Corporation Income Tax Return).
Does Indiana grant an automatic extension?
If you have a federal extension of time to file, you automatically have an extension of time to file with Indiana. You must file your 2021 state tax return by Nov. 14, 2022, and pay any balance due with that filing.
Is there an extension for 2020 corporate taxes?
Companies have until April 15, 2021 to submit corporate tax returns for income received in 2020. Businesses may use Form 1120 or request a six-month extension by filing Form 7004 and submitting a deposit for the amount of estimated tax owed.
How do I file an extension in Indiana?
There are two ways to obtain an Indiana personal extension: 1. File a timely Federal tax extension (Form 4868) with the IRS. If you have a valid Federal extension, the State of Indiana will automatically grant you a state tax extension — you don’t need to file a separate state request.
How do you file an extension for an S Corp?
Tax extension for S-Corporation can be obtained using Form 7004. Applying for an extension will give you an additional 6 months of time to file your S-corp tax return 1120-S with the IRS. Request an extension using ExpressExtension and Get an 6 month extension instantly from the IRS.
Does CO accept federal extension?
Unlike the IRS, Colorado grants all taxpayers a 6-month extension (which means you do not file an extension form in Colorado) of time to file penalty free beyond the April 18, 2022 deadline.
Does an S Corp need to file an extension?
If you think you may need more time to prepare the S corporation’s return, you should file for an extension using Form 7004. The due date for your calendar-year 2021 S corporation return will be extended until September 15, 2022.