Ensions. If a partnership cannot file Form 565, Partnership Return of Income, by the return s due date, the partnership is granted an automatic seven month extension. Under the automatic extension, the tax return is considered timely if filed by the 15th day of the 10th month following the close of the taxable year (fiscal year) or by October 15, 2026 (calendar year). However, an extension of time to file the limited partnership (LP), limited liability partnership (LLP), or real estate mortgag.

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