Form 7004 Extension Request for Partnerships with no U.S. Office

2 years ago
7

If you have a multi-member LLC that is taxable as a partnership, you need to file a Form 1065 tax return each year, which is due by March 15th of each tax year.

Form 1065 is required even if all of the owners are non-U.S. persons. If the partnership has no U.S. office, it may qualify for a special extension rule under Treas. Reg. Section 1.608-5 that moves the original due date from March 15 to June 15.

If you thought you "missed" the March 15th deadline to file a Form 7004, you might be in luck if you have no U.S. office...

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.

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