I have CD to file business tax (started 2/16, NJ, LLC, ptnshp) Total income $250, expenses ~$10,000 for home office + training. Do I need to file extension today 3/15?

[praveerg]

Do I file an extension today - 3/15/17?
If not, can I just file later?
Advantageous to file extension today? Book losses etc.?
Or just use the CD, prepare taxes today, and will TurboTax file it online? I am in NJ

[MinhT · Accepted solution]

The deadline for filing a tax return for a LLC or partnership (form 1065) is today, March 15, 2017.

If you cannot finish and file today, you'll need to file an automatic extension to file today using form 7004.

[praveerg]

Yes, that I know. How can I file it though? Using Turbotax? How - just use the CD? Or I need to do it myself? Am not registered on IRS. Or do I need to use another service?

[praveerg]

Specifically - how can I file an extension? Using the CD?

[MinhT]

Your program TurboTax Business can help you complete and print out form 7004 which has to be mailed in.
Please read this TurboTax FAQ: <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3301655">https://ttlc.intuit.com/replies/3301655</a>

[praveerg]

But then I won't be able to file it by 3/15. So am I already too late?