Corp 2016 tax extension dates
Based on this, I am not sure when 2017 forms will be released. But Emancipation Day a Washington, D.C., holiday. Typically, the tax deadline falls on April 15. So based on the above, if your C corporation is dissolved for tax purposes in October 2017, then your final C corporation tax return would be due January 15, 2018. Income Tax date extension 2020 Income Tax Date Extension INCOME TAX AND TAX AUDIT DATE EXTENSION Income Tax Return date extended 2020-21 and tax au. However, your tax payment is still due by April 18 and can be submitted with the extension form. As noted above, your end date for tax purposes is when you cease to do business and have distributed out any remaining assets. Obviously some constituent must have had some influence, but not sure why.īased on your facts, you indicate that you still had some operations in October 2017, so for tax purposes you are still in existence. These companies have a ten year extension to change. However, the law made an exception of those C corporations that have a fiscal year ended June 30th.
This is the general rule for the changed due dates. A final tax return is due on the 15th day of the fourth month following the month of termination. In such cases, the corporation's annual accounting period ends on the date it ceases to have existence for tax purposes. A corporation may cease to exist for tax purposes even though it has not formally been dissolved for state law purposes and vice versus. If the corporation is dissolved, its existence for tax purposes terminates when it ceases to do business and distributes its assets. A return must be filed for the short period beginning with the first day of the corporation's final tax year and ending with the date of termination or dissolution.