Sec. 2006. Tax return due dates
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/bill/114/hr/3038/eh/section-2006·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
So much of subsection
(b)of 6072 of the Internal Revenue Code of 1986 as precedes the second sentence thereof is amended to read as follows: Returns of partnerships under section 6031 and returns of S corporations under sections 6012 and 6037 made on the basis of the calendar year shall be filed on or before the 15th day of March following the close of the calendar year, and such returns made on the basis of a fiscal year shall be filed on or before the 15th day of the third month following the close of the fiscal year. . Section 6072(a) of such Code is amended by striking 6017, or 6031 and inserting or 6017 . Section 170(a)(2)(B) of such Code is amended by striking third month and inserting fourth month . Section 563 of such Code is amended by striking third month each place it appears and inserting fourth month . Section 1354(d)(1)(B)(i) of such Code is amended by striking 3d month and inserting 4th month . Subsections
(a)and
(c)of section 6167 of such Code are each amended by striking third month and inserting fourth month . Section 6425(a)(1) of such Code is amended by striking third month and inserting fourth month . Subsections (b)(2)(A), (g)(3), and (h)(1) of section 6655 of such Code are each amended by striking 3rd month and inserting 4th month . Section 6655(g)(4) of such Code is amended by redesignating subparagraph
(E)as subparagraph
(F)and by inserting after subparagraph
(D)the following new subparagraph: Subsection (b)(2)(A) shall be applied by substituting 3rd month for 4th month . . Except as provided in subparagraph (B), the amendments made by this subsection shall apply to returns for taxable years beginning after December 31, 2015. In the case of any C corporation with a taxable year ending on June 30, the amendments made by this subsection shall apply to returns for taxable years beginning after December 31, 2025. In the case of returns for taxable years beginning after December 31, 2015, the Secretary of the Treasury, or the Secretary's designee, shall modify appropriate regulations to provide as follows: The maximum extension for the returns of partnerships filing Form 1065 shall be a 6-month period ending on September 15 for calendar year taxpayers. The maximum extension for the returns of trusts filing Form 1041 shall be a 5½-month period ending on September 30 for calendar year taxpayers. The maximum extension for the returns of employee benefit plans filing Form 5500 shall be an automatic 3½-month period ending on November 15 for calendar year plans. The maximum extension for the returns of organizations exempt from income tax filing Form 990 (series) shall be an automatic 6-month period ending on November 15 for calendar year filers. The maximum extension for the returns of organizations exempt from income tax that are required to file Form 4720 returns of excise taxes shall be an automatic 6-month period beginning on the due date for filing the return (without regard to any extensions). The maximum extension for the returns of trusts required to file Form 5227 shall be an automatic 6-month period beginning on the due date for filing the return (without regard to any extensions). The maximum extension for filing Form 6069, Return of Excise Tax on Excess Contributions to Black Lung Benefit Trust Under Section 4953 and Computation of Section 192 Deduction, shall be an automatic 6-month period beginning on the due date for filing the return (without regard to any extensions). The maximum extension for a taxpayer required to file Form 8870 shall be an automatic 6-month period beginning on the due date for filing the return (without regard to any extensions). The due date of Form 3520–A, Annual Information Return of a Foreign Trust with a United States Owner, shall be the 15th day of the 3d month after the close of the trust's taxable year, and the maximum extension shall be a 6-month period beginning on such day. The due date of Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, for calendar year filers shall be April 15 with a maximum extension for a 6-month period ending on October 15. The due date of FinCEN Report 114 (relating to Report of Foreign Bank and Financial Accounts) shall be April 15 with a maximum extension for a 6-month period ending on October 15 and with provision for an extension under rules similar to the rules in Treas. Reg. section 1.6081–5. For any taxpayer required to file such Form for the first time, any penalty for failure to timely request for, or file, an extension, may be waived by the Secretary. Section 6081(b) of such Code is amended— by striking 3 months and inserting 6 months , and by adding at the end the following: In the case of any return for a taxable year of a C corporation which ends on December 31 and begins before January 1, 2026, the first sentence of this subsection shall be applied by substituting . 5 months for 6 months . In the case of any return for a taxable year of a C corporation which ends on June 30 and begins before January 1, 2026, the first sentence of this subsection shall be applied by substituting 7 months for 6 months . The amendments made by this subsection shall apply to returns for taxable years beginning after December 31, 2015.