Can i efile form 7004 with no tax due

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ProSeries Professional

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Answer

We have just released an update that will resolve this error. To install the update: Go to the Update menu and select Update Installed Products.

Once the program is updated, open and save the file and the error will be gone.

Just-Lisa-Now-

Intuit Community Champion

Sure, lots of 7004s have no balance due.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

S

S_M_D

Level 3

This is a big problem on 7004. I have clients who have zero balance due on the extension - either because of

1. overpayment from prior years,

2. estimated tax payments

3. Loss.

so the balance due on extension is zero. That means I cannot efile extension. This is extra hassle of prinintg so many extensions, mailing it. and keeping proofs.

Would it help to have tentative tax of $1, show zero payments, and file extension for a $1? Because that removes the error. But it is ridiculous.

Just-Lisa-Now-

Intuit Community Champion

The only 7004s I Efile are zero balance due, so if you cant Efile it, its not because of the lack of payment.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Just-Lisa-Now-

Intuit Community Champion

Looks like other people in the FB PS group are having the same issue with Fiscal year filers.

@1569 any info about this?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

A

Anonymous

We have our eyes on this and a plan is in progress. I'll keep this thread updated as I get information!

S

S_M_D

Level 3

Any ETA on this?

We have multiple clients with 06/30 Y/E with 09/15 deadline.

A

Anonymous

There is no ETA at this time.

There are two options: paper-file, or add the $1 as you suggested.

If there are updates, I'll be sure to let you know on this thread.

A

Anonymous

Completely understandable, sfmethod. [edited]

An update to prevent the error message is expected to be released on or around 09/14/2021.

Meanwhile, are you seeing an error message?
On a the Federal Information Worksheet, you can clear the error by unchecking the extension for e-file.

I hope this helps!