EXTENSION OF TIME TO PAY
Due to the COVID-19 pandemic, the IRS has recently announced an extension of time to pay if you owe tax on your 2019 federal income tax return. The extension of time moves the payment due date from April 15 to July 15th. All individual taxpayers are granted this relief.
For those of you who normally make a payment with your extension, you will not need to make an extension payment unless you have not filed by July 15th.
For those of you who have filed your return already but have not yet paid your 2019 tax due, you can wait until July 15th or earlier to make your payment.
For those of you who are scheduled to make your first 2020 quarterly estimated payment by April 15th, you can wait until July 15th or earlier to make your payment.
EXTENSION OF TIME TO FILE
The official filing deadline has been moved to July 15th from April 15th. There is no need to file an extension or make an extension payment by April 15th. Don't worry if your tax return is not prepared and submitted by April 15th because this deadline no longer exists for the 2019 tax filing season. You can view the official IRS announcement here:
Tax Day Now July 15