IRS delays tax filing deadline to May 17 because of COVID-related changes

Uncategorized Mar 19, 2021

The IRS said Wednesday it is delaying the April 15 tax filing deadline to May 17 giving taxpayers more time to prepare their filings amid the slew of pandemic-related tax changes.

The Treasury Department and the IRS said "the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021."

This will happen automatically, and individuals don’t need to file any forms or contact the IRS.

"Individual taxpayers can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to May 17, 2021, without penalties and interest, regardless of the amount owed," the IRS said.

These changes don’t apply to state tax returns and payments, the IRS noted.

The relief does not apply to estimated tax payments that are still due on April 15, 2021, the IRS said.

 

 

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