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Explain why you need this extension (i.e. to cover costs of________ until ________). Itemize and explain any monthly costs and any other additional costs associated with the requested time extension. If there will be no cost change as a result of the additional time requested, say so.
Filing for an extension is simple and free. Taxpayers can complete the extension request form through the IRS Free File website. The official form to request an extension is Form 4868 and it is less than half a page long. All extensions will be applied automatically.
Submit Form 4868 to the IRS either electronically or via mail by the tax filing deadline. If you pay the IRS an estimate of your taxes owed by tax day using either your debit/credit card, IRS Direct Pay, or the EFTPS system, noting that your payment is for an extension, you can skip the paperwork altogether.
How to Complete Form 7004 Add your name, address, and the company's Tax ID number. Use the specific code for the type of tax return you wish to postpone. ... You will need to specify where your company stands on Regulations 1.6081-5. ... If you are in a short tax year, the appropriate box must be checked.
Form 4868 is an Extension of Time for Individual Income Tax Filers reporting to the IRS.