Furthermore, the filing extension does not currently apply to C-Corporations Form or tax returns for Estates and Trusts Form Check for the latest guidance of each state at this link. This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. The IRS had a delayed release of the Form form, is prioritizing recovery rebates, and has reduced headcount, all of which lead to slower refund claims.
As the federal extension has such a narrow scope, only applying to the Form and individual tax payments with most states not yet adopting the extension, many individuals will unfortunately find limited impact from the tax deadline extension. Individuals who do not want to file an extension should still be working hard to gather all their tax information and submit. Good luck! This is a BETA experience. You may opt-out by clicking here. More From Forbes. Nov 10, , pm EST.
Nov 10, , am EST. Nov 9, , pm EST. Nov 9, , am EST. Filing electronically with direct deposit is the quickest way to get refunds, and it can help some taxpayers more quickly receive any remaining stimulus payments they may be entitled to. Individual taxpayers can also postpone federal income tax payments for the tax year due on April 15, , to May 17, , without penalties and interest, regardless of the amount owed.
This postponement applies to individual taxpayers, including individuals who pay self-employment tax. Penalties, interest and additions to tax will begin to accrue on any remaining unpaid balances as of May 17, Individual taxpayers will automatically avoid interest and penalties on the taxes paid by May Individual taxpayers do not need to file any forms or call the IRS to qualify for this automatic federal tax filing and payment relief.
Individual taxpayers who need additional time to file beyond the May 17 deadline can request a filing extension until Oct. Topics: TurboTax Business Windows. Accepted Solutions. Expert Alumni. Privacy Settings. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
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