- Choose the right tax preparation software.
- Create an account.
- Select the appropriate tax year.
- Choose the correct business entity type.
- Fill in the required information.
- Choose the applicable tax form.
- Enter the tax amount and balance due.
- Select the extension period.
- Review and validate.
- E-file or print and mail the form.
- Save a copy.
Remember that filing a Form 7004 only grants an extension to file your tax return, not an extension to pay any taxes owed. To avoid penalties and interest, ensure you pay the estimated tax liability by the original due date of the return.