If you owe New York income taxes by May 17, 2021, you need to submit a NY extension or tax return to avoid late filing penalties. An extension will only avoid late filing penalties until Oct. 15, 2021. Note: Unless you pay all of your Taxes, or eFile your tax return by Oct.

Does everyone get a tax extension?

Tax Deadline Extension: What Is Extended for 2021 This extension applies to all filers, including individuals, businesses, trusts, estates and more. It applies regardless of the amount you might owe, and payments will not incur additional penalties or interest up until May 17.

Does New York accept a federal extension?

General Instructions New York Tax Extension Tips: The State of New York does not accept the Federal tax extension (IRS Form 7004) in place of the state application (Form CT-5).

Can I get a free extension on my taxes?

E-file Your Extension Form for Free Individual tax filers, regardless of income, can use Free File to electronically request an automatic tax-filing extension. To get the extension, you must estimate your tax liability on this form and should also pay any amount due.

Do you have to file an extension for both federal and state?

Most states don’t require you to file separate state extension forms if you don’t owe any additional taxes. When you file your state return, you only need to attach a copy of your federal extension form. If you owe state tax, you typically must file state tax extension to avoid penalties.

Does NY grant an automatic extension?

Taxpayers do not need to file any additional forms or call the Tax Department to request or apply for this relief. New York State personal income tax returns originally due on April 15, 2021, will automatically be granted the filing and payment deadline extension and relief from penalties and interest.