Federal and State Tax Deadline Updates

The IRS has announced that federal income tax filing and payment deadlines have been extended to July 15, 2020. Many states have already announced new deadlines for their state income tax filings and payments, as well.

The IRS has announced that federal income tax filing and payment deadlines have been extended:

  • Filing and payment deadlines for individuals and businesses have been extended to July 15, 2020.
  • This extension includes payments of tax on self-employment income.
  • The deadline for first quarter estimated tax payments is also extended to July 15, 2020.
  • Filing and payment deadlines for Gift and Generation-Skipping Transfer Tax Returns have been extended to July 15, 2020.
  • Notice 2020-23 expands the extension relief to additional returns, tax payments and other actions. The extensions now apply to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020.
  • Individuals, trusts, estates, corporations and other non-corporate tax filers qualify for the extra time. Thus, anyone, including Americans living and working abroad, can now wait until July 15, 2020, to file their 2019 federal income tax return and pay any tax due.
  • Notice 2020-23 also extends the time to file and pay estimated tax payments due June 15, 2020. Any individual or corporation that has a quarterly estimated tax payment due on or after April 1, 2020, and before July 15, 2020, now has until July 15, 2020, to make that payment without penalty.
  • The time to request a refund for 2016 income tax returns has been extended until July 15, 2020. Normally, the time to claim a refund expires three years after the return has been filed but refund claims for 2016 returns will be deemed timely if the claim for refund is filed by July 15, 2020.

In addition to the federal extensions, it is also important to follow changes to state tax deadlines. Many states have already announced new deadlines for their state income tax filings and payments; others that have not yet implemented formal extensions have expressed an intent to do so in light with the federal extensions. 

State

Relief Provisions

Updated Deadlines

California

  • Filing and payment deadlines for individuals and businesses have been extended 
  • The deadlines for first and second quarter estimated payments, limited liability company taxes and fees, and non-wage withholding payments have also been extended
  • July 15 For All Extensions

Colorado

  • Filing and payment deadlines for individuals and businesses have been extended
  • The deadlines for April and June estimated payments have also been extended
  • July 15 For All Extensions

Connecticut

  • Filing and payment deadlines for individuals, trusts, and estates have been extended
  • The extension also applies to 2020 first and second quarter estimated income tax payments
  • Filing and payment deadlines for gift tax returns have been extended
  • Filing and payment deadlines for business returns have been extended
  • July 15 For Individuals, Trusts, Estates, and Gift Tax Returns
  • June 15 For Business

Georgia

  • Income tax filing and payment deadlines have been extended
  • State estimated income tax payments due on April 15, 2020 are also included
  • July 15 For All Extensions

Hawaii

  • Filing and payment deadlines for state income tax returns have been extended
  • July 20 For All Extensions

Illinois

  • Filing and payment deadlines for individuals, trusts, and corporations have been extended

  • Estate Tax Returns due between March 16 and April 15 receive a 30-day extension for filing and payment
  •  July 15 For All Extensions

Massachusetts

  • Income tax filing and payment deadlines have been extended for all personal income tax payers (including individual, fiduciary, trust, and partnership composite returns

  • The deadlines for installments of estimated tax due in April and June have also been extended
  • Certain Business Taxpayers Affected receive waiver penalties for late filing and/or payment
  •  July 15 For Extensions

New Jersey

  • Filing and payment deadlines extended for all New Jersey Corporate Business Tax and Individual Gross Income Tax Returns
  • July 15 For All Extensions 

New York

  • Filing and payment deadlines have been extended for personal income tax and corporate tax returns and fiduciaries
  • Taxpayers can defer all related tax payments, including installments of estimated taxes due in April and July
  • If a taxpayer is unable to file by July 15 additional extension may be requested
  • July 15 For All Extensions

Ohio

  • Filing extension and waiver of penalty and interest is available to individual income tax, school district income tax, and pass-through entity tax
  • The deadlines for first and second quarter estimated payments have also been extended
  • July 15 For All Extensions

Pennsylvania

  • Filing and payment deadlines for personal income tax returns, trusts and estates, partnerships, and S corporations have been extended
  • The deadlines for first and second quarter estimated payments have also been extended
  • Corporations with tax returns due May 15 receive an extension to August 14, 2020 
  • Inheritance Tax Returns will be deemed to have been received on March 12, 2020 if the taxpayer indicates at time of filing and payment that offices were closed on the original filing and payment deadline
  • July 15 For All Individuals, Trusts, Estates, Partnerships, and S Corporations 
  • August 14 for Certain Corporations 

 

 

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