Individual Federal Tax Filing Deadline Extended to May 17, 2021

Mar 19, 2021

On March 17, 2021, the Treasury Department and IRS announced that they will be automatically extending the federal income tax filing due date for individuals for the 2020 tax year from April 15, 2021, to May 17, 2021. This extension applies to all individuals without penalties and interest, and regardless of the amount owed. No additional paperwork needs to be completed to benefit from this extension.
State and Estimated Tax Deadlines
The automatic extension applies only to federal individual income tax returns and tax (including tax on self-employment income) payments otherwise due April 15, 2021. It does not include state tax payments or deposits or payments of any other type of federal tax. With the exception of those filing in Louisiana, Texas, and Oklahoma, who have an extension to June 15, 2021 due to recent ecological disasters, residents of 42 states and the District of Columbia must still file state returns according to individual state deadlines which vary. 
As of today, March 19, the State of Connecticut has also extended their individual state filing deadline to May 17, 2021 as well.
When to File
Regardless of the extension, the IRS urges individuals to file as soon as possible, particularly for those expecting refunds or awaiting additional stimulus checks.
Contact FML today if you have questions or concerns regarding the individual federal tax filing deadline extension and please keep an eye on your inbox as more information regarding 2020 filing deadlines is expected to be released.