Pamela Kweller RSSA Staff
On June 29, 2020 the Department of Treasury and the IRS stated, “the tax filing and payment deadline of July 15 will not be postponed.”
The original tax filing and payment deadline was April 15 but, as a result of the COVID-19 pandemic, the deadline was postponed until July 15.
There have been rumors that the IRS would extend the deadline even more, but that is not the case. The IRS has confirmed that July 15 is the tax filing and payment deadline.
Although July 15 is the deadline, taxpayers can choose to apply for an extension. An extension gives taxpayers an extra three months to file and pay taxes.
To apply for an extension, taxpayers must file Form 4868 by July 15. Taxpayers can electronically file Form 4868 using the IRS Free File tool. If you apply for an extension, the tax filing and payment deadline is October 15, 2020.
The IRS offers several payment options for taxpayers. These options include paying directly from your checking or savings account, debit or credit card, check or money order, and paying by phone or online.
The IRS also understands that many taxpayers can’t afford their taxes right now. IRS Commissioner Chuck Rettig stated,” The IRS understands that those affected by the coronavirus may not be able to pay their balances in full by July 15, but we have many payment options to help taxpayers.”
Whether you can or cannot pay your taxes, learn about all available payment options.
The IRS also reminds taxpayers that July 15 is the federal tax deadline. State tax deadlines may differ.
Read the IRS Press Release here.
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