I am refreshing my knowledge of 3520/3520A forms.
There seems to be a slight discrepancy in the due dates, but would the following understanding be correct:
- 3520-A is due March 15 unless a 7004 is filed to extend it.
- 3520 is due with the tax return.
- If you file a substitute 3520A with the 3520, it is due at the same time as form 1040.
- A normal 1040 extension does not allow for a late 3520-A.
- However, if the tax extension for a 1040 has been properly applied for, you could file Form 3520 before the October deadline and include a substitute 3520-A.Therefore, even without the 7004 extension, a normal tax return extension should be good enough. Am I right?
3520-A due date
Moderator: Mark T Serbinski CA CPA