2015 Corporation Income Tax General Instructions - Georgia Department Of Revenue (Page 15 of 24) in pdf

EXTENSION INFORMATION FOR CORPORATIONS

Georgia Code Section 48-7-57 provides that a taxpayer need not apply for a Georgia extension if the taxpayer

applies for and receives an automatic six (6) month extension to file their Federal income tax return. If the return

is received within the time extended by the Internal Revenue Service and Form 7004 is attached to the return,

no late filing penalties will apply.

Failure to attach a copy of the Federal extension will result in the return being considered filed late and the

assessment of applicable penalties! If you do not need a Federal extension, use Form IT-303 to request a Georgia

extension if necessary.

If an extension is granted but the tax was not paid by the statutory due date, late payment penalties will be

assessed until the tax is paid (income tax at 1/2 of 1% per month up to 25% of the tax due; net worth tax at 10%).

Also, interest will be assessed at the rate of 12% per annum from the statutory due date until the tax is paid in

full. Late payment penalties and interest accrue from the statutory due date regardless of an extension. Georgia

law prohibits granting an extension of more than six months from the due date of the return.

Payments made prior to filing a completed return must be accompanied by Form IT-560C and claimed on Form

600, Schedule 3, Line 2. An extension of time does not alter interest or penalty charges for late payment of tax.

NOTE: Check the “Extension” box on Form 600 if a Federal or Georgia extension was granted. Failure

to check the extension box will result in assessment of a late filing penalty.

TWO-DIMENSIONAL BARCODE RETURNS

The Department of Revenue has given approval to certain software companies to produce tax programs that include

a two-dimensional (2D) barcode. A list of these companies is available on our website at

NOTE: The Department of Revenue encourages the use of 2D barcode returns; however, we neither

support nor recommend any software company. Failure to mail your return to the correct address may

cause processing delays.

PV-CORP PAYMENT VOUCHER

If you owe taxes, mail your return and payment with Form PV-CORP to the address on the return. If you file

electronically, mail Form PV-CORP with the payment to the address on the form. Do not use Form PV-CORP as

a substitute for the form IT-560C. Failure to properly complete and mail the PV-CORP could result in delayed or

improper posting of your payment.

TELEPHONE ASSISTANCE

Composite Returns ....................................................................................................................... 1-877-423-6711

Corporation and Net Worth Tax Return Information ..................................................................... 1-877-423-6711

Corporation Refund Inquiry .......................................................................................................... 1-877-423-6711

Corporation Return Processing, Forms, Estimates and Prepayment of Tax ................................ 1-877-423-6711

Electronic Funds Transfer............................................................................................................. 1-877-423-6711

Employee Withholding Information ............................................................................................. ..1-877-423-6711

Tax Exempt Organization Information ......................................................................................... 1-877-423-6711

Income Tax Forms ........................................................................................................................ 1-877-423-6711

Individual Income Tax Return Information .................................................................................... 1-877-423-6711

Registration & Licensing Unit ...................................................................................................... 1-877-423-6711

Secretary of State ............................................................................................................................ 404-656-2817

Taxpayer Services Division Director’s Office ................................................................................... 404-417-2400

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