Do you need to file an extension today? Here are the details.

We’ve had a number of callers today experiencing a moment of panic about the deadline for filing an extension that is today. Should you be worried?

If you have a Subchapter S (sub S) organization –

Today is the deadline to file or extend your due date to September 15, 2018 for your 2017 calendar year return. If your subchapter S entity is on a fiscal year, the due dates will be different based on the end of your tax year.

If you have a multi-member LLC –

Today is the deadline to file or extend your due date to September 15, 2018 for your 2017 calendar year return. If your subchapter S entity is on a fiscal year, the due dates will be different based on the end of your tax year.

If you have a partnership –

Today is the deadline to file or extend your due date to September 15, 2018 for your 2017 calendar year return. If your subchapter S entity is on a fiscal year, the due dates will be different based on the end of your tax year.

If you have a single member LLC –

Your LLC is probably considered a disregarded entity, and your LLC return actually goes on your personal return which is due on April 17, 2018. Check your EIN letter from the IRS to be certain that it says your LLC is a disregarded entity.

If you have a husband and wife LLC –

Your LLC is likely a disregarded entity, and your LLC returns actually go on your personal return which is due on April 17, 2018. Check your previously filed LLC return to be sure that you have two schedule Cs on your personal return. If you filed your LLC return on form 1065, today is your deadline date.

What do I do if I have to file today?

Your extension is filed on form 7004. You can find it here. Instructions for form 7004 and where to mail it are found here.

If you aren’t already a company on the MEF e-file program, you will need to complete, print and mail the form 7004 by today. That means it has to be POSTMARKED today, and not just mailed with postage dated for today.

Generally speaking, United States Post Offices close at 5pm locally; there is usually a mail facility in your area that is open until later. In Houston, one of those facilities is on Hadley St in the Midtown area. They close at 7pm.

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