Treasury, IRS extend federal tax filing due-date to May 17

The Treasury Department and IRS announced Wednesday that the federal income tax filing due date for individuals for the 2020 tax year will be extended to May 17, 2021, with the IRS providing formal guidance “in the coming days.”

The federal tax filing deadline postponement only applies to individual federal income returns and tax (including tax on self-employment income) payments otherwise due April 15, 2021, not state tax payments or deposits or payments of any other type of federal tax, according to an IRS statement.

“Even with the new deadline, we urge taxpayers to consider filing as soon as possible, especially those who are owed refunds,” said Chuck Rettig, IRS commissioner. “Filing electronically with direct deposit is the quickest way to get refunds, and it can help some taxpayers more quickly receive any remaining stimulus payments they may be entitled to.”

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