IRS Delays Income Tax Due Date Because of the Covid-19 Pandemic

According to IRS News Release IR-2020-58, Tax Day is now July 15th.

This new deadline applies to filing and payment of all income taxes owed on or before 4/15/2020 by all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.

In addition, the deadline for 2019 IRA, HSA and retirement plan contributions has been extended to July 15.

Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief.

Related Links:

. IRS FAQs on Filing and Payment Deadlines
. IRS Coronavirus Page

 

 

This is general information and should not be relied upon to evaluate or prepare you tax return or make any business decisions. Instead, please use the above information as a resource to help you discuss your business and tax picture with your professional tax adviser and other professional advisers.

 

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