IMPORTANT News about the tax filing extension (from my wife, the Tax Lawyer)

[brooklynite]

YES, the IRS will extend the filing deadline an additional month to May 15.

HOWEVER, the deadline to pay any estimated taxes remains at April 15. SO if you’re not expec ting a refund, you’ll need to submit a check for the owed amount on schedule.

[lillypaddle]

1. K&R nt

[mobeau69]

2. It's May 17th.

[demmiblue]

3. Lol! I would think a tax lawyer would/should know this. n/t

[progree]

5. Even if you are expecting a refund, you may need to pay first quarter estimated taxes, due April 15

Two different tax years -- the refund is for the 2020 tax year. One's estimated tax payments that are due April 15 and quarterly thereafter (actually June 15, September 15, and January 15, 2022), are for the 2021 tax year. Although if one chose to have one's excess tax payments for 2020 applied to 2021 taxes, that will cut down on the estimated taxes one may need to pay in 2021.

[progree]

6. More details on the tax dates --

Various excerpts

IRS postpones April 15 U.S. tax deadline to May 17, CNBC, 537p ET 3/17/21

The IRS and Treasury Department will postpone the April 15 tax-filing deadline to May 17, the agencies announced Wednesday.

In addition, taxpayers can also delay payment of any money owed the IRS until May 17. If payers still need more time to submit their returns, they can request an extension (but not taxes owed) until Oct. 15 by filing Form 4868.

The extended deadline applies only to federal income returns and taxes, meaning that taxpayers will need to check to see if due dates for state taxes have been changed. Not all states follow the same filing deadline as the federal government.

Estimated quarterly payments are still due on April 15.

The IRS will provide more guidance on the extended filing season in the coming days, the tax collector said.

More, like the reasons, but nothing more on deadlines: https://www.cnbc.com/2021/03/17/irs-pushes-april-15-us-tax-deadline-to-may-17.html

IRS announcement, irs.gov : https://www.irs.gov/newsroom/tax-day-for-individuals-extended-to-may-17-treasury-irs-extend-filing-and-payment-deadline

Besides the above information:

Winter storm disaster relief for Louisiana, Oklahoma and Texas

Earlier this year, following the disaster declarations issued by the Federal Emergency Management Agency (FEMA), the IRS announced relief for victims of the February winter storms in Texas, Oklahoma and Louisiana. These states have until June 15, 2021, to file various individual and business tax returns and make tax payments. This extension to May 17 does not affect the June deadline.