Tax Payment Deadline Extended to July 15
Update: Additional guidelines have been put into place since this post was created. Please access current tax deadline and payment information here.
The Treasury Department and the Internal Revenue Service are providing special payment relief for individuals and businesses in response to the COVID-19 outbreak.
- Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due.
- This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates.
- IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.
- For C Corporations, income tax payment deadlines are also being automatically extended until July 15, 2020, for up to $10 million of their 2019 tax due.
- This relief also includes estimated tax payments for tax year 2020 that are due on April 15, 2020.
Note: While the tax payment deadline has been changed, the IRS tax return filing deadline has not. Federal tax returns must still be filed (or extended) by April 15.
North Carolina has not yet announced any similar relief as of this date; thus, North Carolina payments are still due on April 15 pending any future announcements.