It’s Official: IRS Delays April 15 Filing Deadline to July 15

As COVID-19 continues to weigh down the U.S. and global economies, the IRS has updated and enhanced its relief efforts for taxpayers, announcing Friday that the filing deadline for tax returns will be pushed from April 15 to July 15, 2020.

Edward Karl, the AICPA’s vice president of tax policy and advocacy, thanked everyone involved in the bipartisan effort. “We know that having a chorus of voices from Congress urging the Treasury Department to formally extend the deadline until July 15 was instrumental to the final decision made by the administration.”

The postponement laid out in Notice 2020-18 applies automatically to any “individual, trust, estate, partnership, association, company or corporation” with a federal income tax return or income tax payment due on April 15. Taxpayers do not need to seek an extension. In addition, no interest, penalty or addition to tax for failure to file a federal income tax return or to pay federal income taxes will accrue between April 15 and July 15, 2020.

The new notice applies only to federal income tax returns and payments (including self-employment tax payments) due April 15, 2020, for 2019, and to estimated income tax payments due April 15, 2020, for 2020. The notice does not apply to any other type of federal tax or to any federal information returns.

Notice 2020-18 supersedes the agency’s previous guidance (Notice 2020-17) regarding interest, penalty, or additional tax for failure to file a federal income tax return or to pay federal income taxes, which had included limits to the amount of tax that could be postponed.