Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief. This relief also includes estimated tax payments for tax year 2020 that are due on April 15, 2020.
Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. If you file your tax return or request an extension of time to file by April 15, 2020, you will automatically avoid interest and penalties on the taxes paid by July 15.
This relief only applies to federal income tax payments due April 15, 2020. Some states such as California are following suit but not all states have decided to do so yet. If you are unsure of your state's requirement, please contact Turner's Tax Service.
We are continuing to process tax returns but are currently not offering face-to-face appointments. You may send us your tax documents by mail, fax or electronically. For more information about your individual situation, please call the office at 530-626-8551.