IRS Grants Businesses Affected by Winter Storm Extra Time to Request Six-Month Extension (IR-2017-61)

CCH Tax Day Report

Businesses affected by a severe winter storm (known as Winter Storm Stella), have additional time to request a six-month extension to file their 2016 federal income tax returns. The IRS has provided this relief to victims and tax professionals affected by the winter storm that hit portions of the Northeast and Mid-Atlantic.

Affected businesses who were unable to file their tax return by March 15, 2017, can request an automatic extension by filing Form 7004 on or before March 20, 2017. Form 7004 provides a six-month extension for returns filed by partnerships (Forms 1065 and 1065B) and S corporations (Forms 1120S).

Eligible taxpayers taking advantage of this relief should write “Winter Storm Stella” on their Form 7004 extension request (if filing Form 7004 by paper). However, the fastest and easiest way to get an extension is to file this form electronically.




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