COVID-19 Legislation-Individuals
Filling and Payment Deadline
Filing and Payment Deadline: The April 15, 2020, due date for any person (individual, trust, estate, or unincorporated business entity) who must file a federal income tax return or has any amount of federal income tax due, is automatically postponed to July 15, 2020. The postponed deadline is automatic, meaning no extension is required to be filed. No interest or penalty will accrue until July 16, 2020. You do not have to be sick or quarantined, or have any other impact from COVID-19 to qualify for the postponed deadline.
Estimated Tax: First quarter estimated tax payments usually due April 15 and second quarter estimated tax payments due June 15 are postponed to July 15.
State Tax Returns: Most states have also extended filing and payment deadlines, but some states have implemented different due dates or not conformed. Be sure to confirm with each state for the most updated information.
Contributions made by Due Date: Generally, contributions made to an individual retirement arrangement (IRA) or a health savings account (HSA) applicable for tax year 2019, must be made by April 15, 2020. Because the due date has been postponed to July 15, you have until July 15 to make 2019 contributions to an IRA or HSA.
2016 Tax Return: The postponed deadline also applies to 2016 tax returns. Any claim for refund for tax year 2016 must be filed by July 15, 2020.