1041 Payment of Tax with 7004

[sea-tax]

Hey ya'll it has been awhile, hope you are all doing well.

My question I need help with is , how do you make a payment on a 1041 with an extension.

I have a special needs trust Form 1041 which I am filing an extension for, and they will owe some taxes. I want to pay what I think they will owe, just not sure how procedurally this is done.
Any help would be appreciated thanks

[veritas]

Where you been?

I read the instructions and they said to send in payment with the 7004. Put TIN, type of tax and the year payment is for on the check.

[sea-tax]

Been up to my eyeballs in tax returns and finanical planning.
Where in the instructions, it has been late and I am tired I just can't find that, any help?

Check your messages I sent you one!

[veritas]

It's rather oblique

Line 8

Form 7004 does not extend the time to pay tax. If the entity is a corporation or affiliated group of corporations filing a consolidated return, the corporation must remit the amount of the unpaid tax liability shown on line 8 on or before the due date of the return.

Domestic corporations must deposit all income tax payments by using the Electronic Federal Tax Payment System (EFTPS) or with Form 8109, Federal Tax Deposit Coupon, by the due date of the return. If you file Form 7004 electronically, you can pay by Electronic Funds Withdrawal (EFW). See Form 8878-A, IRS e-file Electronic Funds Withdrawal Authorization for Form 7004. If the corporation expects to have a net operating loss carryback, the corporation can reduce the amount to be deposited to the extent of the overpayment resulting from the carryback, provided all other prior year tax liabilities have been fully paid and Form 1138, Extension of Time for Payment of Taxes by a Corporation Expecting a Net Operating Loss Carryback, is filed with Form 7004.

Foreign corporations that maintain an office or place of business in the United States should pay their tax as described above for domestic corporations.

For foreign corporations that do not maintain an office or place of business in the United States and need to make a payment, see Note below.

A trust (Form 1041), electing large partnership (Form 1065-B), or REMIC (Form 1066) will be granted an extension even if it cannot pay the full amount shown on line 8. But it should pay as much as it can to limit the amount of penalties and interest it will owe. If the trust, electing large partnership, or REMIC needs to make a payment, see Note below.

If you are requesting an extension of time to file Form 1042, see the deposit rules in the instructions for the form to determine how payment must be made.

Note.

On all checks or money orders, write the entity's taxpayer identification number (TIN), the type of tax return, and the tax year to which the payment applies. Make the check or money order payable to “United States Treasury.”

[sea-tax]

Thanks,
Yeah I read that and it is kind of cryptic but I guess that what's we can expect from the IRS. Thanks a bunch I owe ya a cup of coffee or lunch. talkto you after tax season.