Who files Form 7004 for a consolidated corporate return?
· 1 min read
Only the common parent or agent of a consolidated group may request an extension for the consolidated return. Form 7004 line 3 and its attachment identify the covered members.
What to check
The list includes each covered member’s name, address and EIN. For paper, follow the IRS formatting requirements. A corporation seeking more time for a required separate return, including certain short-period returns, files its own Form 7004.
Example
A parent files for the consolidated return covering two subsidiaries. Another affiliate files separately and needs more time. The affiliate files its own extension request.
Before you proceed
- Confirm which entities are joining the consolidated return.
- Reconcile the names, addresses and EINs on the attachment.
- Identify any required separate or short-period returns.
Does one request cover every controlled affiliate?
The group extension covers the consolidated return. A member seeking an extension for a separate return submits a separate request.
Related guides
- Can a U.S. corporation with operations abroad use Form 7004 line 4?
- Where do foreign related-party service fees go on Form 5472?
- How does Form 5472 separate rent from intangible-property royalties?