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January 14, 2024
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FORM 7004 - Line 6, 7 , 8 clarification

  • January 14, 2024
  • 1 reply
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In Form 7004, we have:

Line 6: Tentative total tax

Line 7: Total payments and credits

Line 8: Balance due

 

  1. I am including a check for $2,000 as a payment with form 7004. Does this $2,000 get counted in Line 7?
  2. So, for example, if Line 6 is $2,000 and I include a check for $2,000, would the balance due now (Line 8 ) be $0.00?

Thank you!

f404

    Best answer by Mike9241

    Yes. 

    1 reply

    Mike9241Answer
    January 14, 2024

    Yes.