On March 21st, 2020 the IRS announced an extension of the April 15th deadline. The IRS announced that individual taxpayers have until July 15, 2020, to file and pay federal income taxes originally due on April 15 without any late penalties or interest.
Today, April 9th, 2020, the IRS announced in its IR-2020-66 notice that it expands this relief and now this extension applies to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020. Individuals, including the ones living abroad, trusts, estates, corporations and other non-corporate tax filers qualify for the extra time.
If you have payments that are due within this time frame, like the June 15th second estimated tax payment, they also benefit from this extension and you can make them by July 15th without incurring any penalties or interest. The IRS also applies this extension to the claim for refund period for the 2016 returns. You now have until July 15th to file or amend your 2016 return to claim a refund.
You can find more information about the Coronavirus tax relief and economic impact payments by clicking here.
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