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To prepare an electronic 1120 federal extension, complete the steps below

1. Enter the client's tax data as necessary, making sure you adhere to the guidelines for entering data.
2. In the folders block, click the Electronic Filing folder to open Screen ELF.
3. In the Extension Information section, enter X in the File extension electronically field.

   Notes

   • To request an electronic funds withdrawal to pay a balance due extension, complete the appropriate fields in the Extension Information section (including PIN information). Also, complete the bank account information in Screen Bank in the General folder. You can make only the entire payment for the balance due on Form 7004.
   • Electronic filers can file extensions early and set a date for automatic payment if there is a balance due. However, if they file an extension electronically after the original due date, the payment date must be the same as the date the extension is transmitted.