Drake Tax - MA - Corporation, S corporation, and Partnership Extensions

The Commissioner will grant certain individuals, fiduciaries, partnerships, and domestic and foreign corporations an automatic six month extension of time to file a tax return, without the need for application by such taxpayer. For additional information, see TIR 06-21

If a payment is expected, an extension can be created and e-filed through Drake Tax (1120 and 1120-S). Before e-filing a Massachusetts extension, make sure to check the following screens:

• EF screen

  • Under State e-File Override, select MA EXT (and any other state that applies).

  • Under Federal e-File Override, select:

    • Federal 7004 Only, if sending a federal extension.

    • Do Not Send Federal, if a federal extension is not being sent at that time.

• MA > EXT screen (1120-S or 1120)

  • Select Y for Generate an Extension.

    • place a check mark in the box Carry the calculated required payment amount to the voucher to have the software produce a voucher.

    • Overrides may be necessary in the extension worksheet section to produce the expected amount if income and/or deductions have not yet been entered.

    • Do not enter an Amount paid with Extension until after the MA 7004 has been e-filed.

View the return and verify the following pages:

• MA EXMSG page - all EF messages have been eliminated.

• Form MA 7004 is populated and accurate:

• The EF form (below) includes MA in the forms being e-filed.

  • 1120EF (Corporation).

  • 1120SEF (S corporation).