The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.
Taxpayers can also defer federal income tax payments due on April 15, 2020,
to July 15, 2020, without penalties and interest, regardless of the amount
owed. This deferment applies to all taxpayers, including individuals, trusts
and estates, corporations and other non-corporate tax filers as well as those
who pay self-employment tax.
Taxpayers do not need to file any additional 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 July 15 deadline, can request a filing extension by filing Form 4868. Businesses who need additional time must file Form 7004.
The IRS urges taxpayers who are due a refund to file as soon as possible.
Most tax refunds are still being issued within 21 days.
This announcement comes following the President’s emergency declaration last week pursuant to the Stafford Act. The Stafford Act is a federal law designed to bring an orderly and systematic means of federal natural disaster and emergency assistance for state and local governments in carrying out their responsibilities to aid citizens. It was enacted in 1988.
Treasury and IRS will issue additional guidance as needed and continue
working with Congress, on a bipartisan basis, on legislation to provide further
relief to the American people.