Dear TaxGuru,

This is my first year of a C corporation, ie 2006, and I have not been able to finalize my books. I was told the due date for a calendar year C corporation is March 15th, 2007. But, there is no way I am going to have all the information ready in order to file my tax return by March 15th, 2007.

How can I go about filing an extension, what are the forms that need to be sent to IRS, and how much extra time does one get?

Dear Andri,

You are not alone, it is generally quite common to have corporations file a request for an automatic extension. So don't worry. The procedure is quite simple really, you may this request by Filing Form 7004 requesting an automatic six-month extension for filing Form 1120.

So, to answer your question, you get an extra 6 months to file your tax return. The address location depends on what State you are conducting your business from, and if you provide me with the State I would be happy to provide you the mailing address.

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