Take your business to new horizons.
Your partner in success.
The IRS has announced a filing deadline extension for all 2020 federal personal income tax returns. This decision moves the filing due date from April 15 to May 17, 2021. Individual taxpayers, including joint filers and those with self-employment earnings, now have until May 17 to file their 2020 returns and pay any tax due. Here are the highlights of the IRS announcement:
In spite of the deadline change, the IRS urges all taxpayers who may be owed a refund to have their returns filed as quickly as possible. Most refunds are issued within 21 days for returns filed electronically, if the taxpayers provide direct deposit banking information.
Keep in mind that as of this publishing date, the May 17 filing deadline applies only for 2020 FEDERAL income taxes. Your state income tax filing due date may be different and your state’s tax department website may have more information.