The filing deadline for tax returns has been extended from April 15 to July 15, 2020. For those who can’t file by the July 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request an extension to file their return.

Can you still file an extension for 2020 taxes?

If you find yourself unable to complete your 2020 federal tax return by the tax deadline, you’ll first need to file an extension with the IRS to avoid any potential late-filing or late payment penalties. Filing an extension will allow you to push your deadline to October 15, 2021.

When do you get an extension to file your taxes?

File a six-month extension, which gives you until Oct. 15, an option taxpayers have every year. Still, every year, if you file your tax return on Oct. 15, you were still supposed to have paid the taxes you owe. The new July 15 deadline helps taxpayers who owe money. Unfortunately, it doesn’t really help people who procrastinate on filing taxes.

Are there any states that have extended their tax deadlines?

You’ll want to stay up to date on your state news. Some states, such as California and Maryland, have extended their tax return filing deadlines. For instance, California’s tax filing deadline is now June 15, and Maryland’s is July 15.

When is the deadline to file your taxes?

That is no longer the case. Now you can wait until July 15 to file and pay your taxes. But do keep in mind that Treasury Secretary Steven Mnuchin, at a news conference on March 17, observed that many people will be better off if they prepare their taxes in the next month.

Why do we have an extra 90 days to file taxes?

Due to the stress that the novel coronavirus, or COVID-19, is putting on the economic system and society at large, the federal government is giving Americans an extra 90 days to work on their taxes. That is, everybody has until July 15 to prepare, file and pay their taxes.