Why can't I select 2024 tax year when filing an extension for my 1065?

I'm currently trying to file an extension for my partnership's 1065 form, but I'm running into a weird issue with the software. For some reason, it won't let me choose the 2024 tax year when setting up the extension. I've tried refreshing the page, logging out and back in, and even tried a different browser, but I'm still having the same problem. The dropdown menu for tax year just doesn't show 2024 as an option at all. Has anyone else experienced this problem? Is there something I'm missing here, or is this a known glitch with the system? My accountant is out of the office until next week, but I really need to get this extension filed soon. Any help would be greatly appreciated!

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18 comments

Ravi Patel

•8M

The issue you're experiencing is actually common at this time of year. For a Form 1065 partnership return, the 2024 tax year typically refers to the calendar year that will end on December 31, 2024. Most tax software systems don't allow you to file extensions for future periods that haven't ended yet. What you're likely looking for is the extension for the 2023 tax year (for the period that ended December 31, 2023), which would be due by March 15, 2024. The extension you file now would be labeled as the "2023 tax year" in most software systems because that's the tax year you're extending the filing deadline for. If you're operating on a fiscal year rather than a calendar year, you'd select the tax year that contains the end date of your fiscal period.

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Ravi Patel

•8M

That's exactly right! You select 2023 as the tax year because you're filing an extension for the 2023 tax period (January 1 - December 31, 2023). The fact that you're physically submitting the extension in 2024 doesn't change which tax year you're extending. This confusion happens often because we naturally think of the current calendar year, but the tax year refers to the period the taxes cover. Your extension will give you until September 15, 2024, to file your complete 2023 Form 1065.

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Freya Andersen

•8M

After going through the same headache with my LLC's extension last month, I stumbled upon taxr.ai (https://taxr.ai) and it saved me so much confusion. The system actually explains which tax year you should select as you go through the process, and it automatically displays the correct options based on your entity type. I was about to make the exact same mistake - trying to select 2024 when I needed 2023. The tool walks you through everything step by step and flags potential issues before you submit. Much less stressful than trying to figure it out on my own!

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Freya Andersen

•8M

It absolutely works for S-Corps too! It has specific guidance for each entity type (partnerships, S-Corps, C-Corps, etc.) and explains the different deadlines and requirements for each. It made a huge difference for me when I was managing multiple business entities with different filing requirements. The value goes well beyond just extensions. I initially used it just for that, but it ended up helping me identify some deductions I was missing and saved me from making a costly mistake with my quarterly estimated payments. They have different service levels depending on what you need, but I found it to be very reasonable considering the headaches and potential penalties it helped me avoid.

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Omar Zaki

•8M

I want to follow up about taxr.ai that I asked about earlier. I decided to give it a try for my S-Corp extension and tax questions, and it was seriously helpful. The interface actually explained the tax year selection problem the original poster mentioned - turns out I'd been doing it wrong for years! Beyond just the extension help, it analyzed my previous returns and found some missed deductions in my home office calculations that my previous accountant overlooked. The documentation guidance was also super clear. Definitely keeping this in my toolkit for future tax seasons.

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Chloe Robinson

•8M

If you're still having issues with the extension or have questions about your 1065 filing, you might want to try contacting the IRS directly. I know that sounds painful (because it usually is), but I found this service called Claimyr (https://claimyr.com) that actually gets you through to a human at the IRS without the typical 2+ hour wait. I was skeptical at first, but you can see how it works in this video: https://youtu.be/_kiP6q8DX5c. I used it when I had a similar issue with extension filing for my partnership last year, and they connected me with an IRS agent in about 15 minutes who walked me through the entire process over the phone.

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Chloe Robinson

•8M

The service works by using an automated system that navigates the IRS phone menus and waits on hold for you. When a real person answers, you get a call connecting you to that agent. It's not "cutting the line" - it's just handling the wait time for you so you don't have to sit there listening to the hold music for hours. The system actually does work! That's exactly why I recommended it. I was just as skeptical as you are, but when I had that issue with my partnership extension, I was desperate enough to try it. I went from wondering if I'd ever get through to speaking with someone who could actually help within about 15 minutes. They can't guarantee an exact wait time since it depends on IRS staffing, but it's definitely better than doing it yourself.

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Anastasia Kozlov

•8M

I need to eat my words about being skeptical of Claimyr. After seeing it mentioned here, I actually tried the service yesterday when I was having issues with my 1065 amendment. I figured I had nothing to lose after spending THREE separate days trying to get through to the IRS on my own. The service called me back in about 20 minutes with an actual IRS agent on the line. The agent clarified my amendment questions and even helped me understand why my original 1065 had been processed with a delay. This literally saved me days of frustration. If you're having extension issues like the original poster, having an actual conversation with the IRS might be your best bet.

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Sean Flanagan

•8M

Just wanted to add something that might be helpful - if you're using commercial tax software, check if there's a software update available. Last year I had a similar issue with not seeing the correct tax year for an extension, and it turned out my software needed an update to show the current filing options. After updating, all the correct years appeared in the dropdown. Some companies push these updates automatically, but others require you to manually check and install them.

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Sean Flanagan

•8M

I was using ProSeries when I had that issue. With TaxAct, you should be able to check for updates by going to the Help menu and looking for "Check for Updates" or something similar. If you're using their online version rather than desktop software, try clearing your browser cache or using a different browser entirely. Sometimes these issues can also be related to the subscription level you have - some tax years might not be available if your subscription doesn't cover that period. Might be worth checking with TaxAct support directly if the update doesn't resolve it.

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