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Coronavirus Update 1

~~ UPDATES ~~

  • On March 20, 2020, Treasury Secretary Mnuchin automatically postponed the deadline for filing Federal income tax returns and making Federal income tax payments due April 15th to July 15th.

  • Extension Forms 4868 or 7004 do not need to be filed unless you need additional time after July 15th.

  • There is no limitation on the amount of the payment that can be postponed.

  • This relief is only for payments due for:

    • 2019 Federal income tax returns, and

    • 2020 1st Qtr Estimated Tax Payments. 

  • At this time, 2020 2nd Qtr Estimated Tax Payments are still due June 15th.