An extension to file is not an extension to pay any taxes owed. Businesses who need additional time must file Form 7004. 15, 2020, by filing Form 4868 through their tax professional, tax software or using the Free File link on IRS.gov. Individual taxpayers who need additional time to file beyond the July 15 deadline can request an extension to Oct. This means that anyone, including Americans who live and work abroad, can now wait until July 15 to file their 2019 federal income tax return and pay any tax due. Individuals, trusts, estates, corporations and other non-corporate tax filers qualify for the extra time. As a result, the extensions generally now apply to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020. Today’s notice expands this relief to additional returns, tax payments and other actions. No late-filing penalty, late-payment penalty or interest will be due. Last month, the IRS announced that taxpayers generally have until July 15, 2020, to file and pay federal income taxes originally due on April 15. WASHINGTON - To help taxpayers, the Department of Treasury and the Internal Revenue Service announced today that Notice 2020-23 PDF extends additional key tax deadlines for individuals and businesses.
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