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Tax

Tax Filing Deadline 2020

The tax season starts on January 27th. Once you have the tax forms and documents you need to file a tax return, you must submit your tax return to the IRS before the April 15 deadline. This, of course, excludes the taxpayers who file a tax extension. Upon filing for a tax extension, the April 15 deadline will no longer apply and you will have an additional six months to file your tax return.

All and all, the tax filing deadline in 2020 and certainly in the upcoming years is April 15. However, even if you file for a tax extension, the deadline for tax payments is always going to be April 15.

Therefore, if you owe to the IRS, you must pay before April 15 whether you file a tax extension or not. Otherwise, you will have to pay late fees and interest.

Date
Tax Payment DeadlineApril 15
Tax Payment Deadline (with extension)April 15
Tax Filing DeadlineApril 15
Tax Filing Deadline (with extension)October 15

Although this is a rare occasion, the Internal Revenue Service postponed the tax payments in 2020. Due to the pandemic, the tax payment deadline is set to be July 15. This is believed to help Americans who are currently unable to work. But this doesn’t mean that you will get an automatic extension to file your tax return. You still must file a tax return by the April 15 deadline or request an extension.

Also, the details of the $2 trillion coronavirus stimulus bill have emerged. Americans with an AGI of less than $75,000 qualify for a $1,200 check. Get the details from our homepage above.

As a side note, keep in mind that if you’re going to file an extension, you must do so before the April 15 deadline. At the time of writing, you have about two weeks.

Learn more about filing a tax extension.

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Deborah Ann

Deborah writes everything from federal tax law to local governments. Her writings cover a broad range of government topics. With a little bit of seriousness to the words, everything is simplified to Futufan readers.

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