Even though the actual tax extension form for individuals or businesses are a lot simpler than your average tax form, taxpayers still have valid questions about how to complete it. This post continues a Tax Extension FAQ series that covers some of the more common tax extension-related questions and their answers.
Today’s question has to do with business tax extensions, also know as Form 7004:
Do I have to use my Social Security Number when I e-file my business tax extension, or will I use my Tax-ID (EIN) number?
Answer:
For most business types, you will simply need your Tax-ID (EIN) to file your business tax extension. If you are filing for a single member LLC business, you will file for a personal tax extension (Form 4868) and will use your social security number rather than a Tax-ID (EIN).
If you have any questions about filing a tax extension, please let me know in the comment section below. I’ll do my best to cover it in a future blog post.