How do I create an extension Form 7004 for a Corporation return using interview forms?

Method 1: Preparer may input information to calculate desired amount to be paid with the extension.

  1. Go to Federal Interview Form EXT-1 - Federal Application for Extension of Time to File Return.
    • In box 30 - X to prepare Form 7004, checkmark this box.
    • In boxes 37 through 42 - Extension Information, enter override amount(s) as applicable.
      • Note: Interview Form EXT- 1 provides additional input opportunities for tentative tax, prior year overpayment credited to current year, estimated payments made during the year, credit for tax paid on undistributed capital gains, and credit for federal tax of fuels.
  2. Calculate the return.

 

Method 2: System automatically calculates based on numbers in the return.

  1. Go to Federal Interview Form 1 - Basic Data.
  2. In box 73 - X to produce Form 7004, checkmark this box.
    • Note: The values recorded on Form 7004 lines 6, 7, and 8 are based on income and deduction data recorded in the return. No income and deduction information will result in no data in Form 7004, lines 6, 7, and 8.
  3. Calculate the return.
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