Does a Single-member LLC need to file an extension?
50 views | Last modified 3/13/2020 12:08:14 PM EST

Single-member LLCs need to file an extension and they are considered as a disregarded entity by the IRS unless the business entity is classified as C Corporation or S Corporation. For Federal tax purposes, the Single-member LLCs are taxed as a sole proprietorship (Form 1040) and must request an extension using Form 4868.

If the business has opted to be taxed as C Corporation (Form 1120), an extension must be requested using Form 7004

If the business has opted to be taxed as S Corporation (Form 1120S), an extension must be requested using Form 7004.


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