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To help give you more time to file and pay your federal taxes, the US Treasury and IRS announced they’re moving the Tax Day deadline. The new due date for filing your taxes is now May 17th. The date has been extended “to help taxpayers navigate the unusual circumstances related to the pandemic.”
Taxpayers had fewer days to file their taxes than in previous years due to the IRS starting tax season later this year. Tax season is already in full swing, with the IRS processing tax returns while sending out stimulus payments at the same time. The extension will give the agency, as well as individual taxpayers, more time to prepare and process tax forms.
The new extension does not give you more time to pay your estimated tax payments, however. The May 17th deadline does not apply to quarterly estimated payments, which are still due on April 15th. The extended deadline also does not apply to other types of tax returns that are due on April 15th, such as corporate or trust tax returns. Those forms are still due April 15th. Many professional organizations are requesting that all forms due April 15th be granted an extension to June 15th. So far, that request has not been granted by the IRS and may not be.
Most states have conformed to the new IRS deadline, or offered a separate, later deadline, but a few have not
State
Original Tax Due Date
Covid-19 Extension
Alabama
4/15/21
5/17/21
Arizona
4/15/21
Arkansas
4/15/21
5/17/21
California
4/15/21
5/17/21
Colorado
4/15/21
5/17/21
Connecticut
4/15/21
5/17/21
Delaware
4/30/21
5/17/21
District of Columbia
4/15/21
5/17/21
Georgia
4/15/21
5/17/21
Hawaii
4/20/21
Idaho
4/15/21
5/17/21
Illinois
4/15/21
5/17/21
Indiana
4/15/21
5/17/21
Iowa
4/30/21
Kansas
4/15/21
5/17/21
Kentucky
4/15/21
5/17/21
Louisiana
5/15/21
5/17/21 | 6/15/2021*
Maine
4/15/21
5/17/21
Maryland
4/15/21
7/15/21
Massachusetts
4/15/21
5/17/21
Michigan
4/15/21
5/17/21
Minnesota
4/15/21
5/17/21
Mississippi
4/15/21
5/17/21
Missouri
4/15/21
5/17/21
Montana
4/15/21
5/17/21
Nebraska
4/15/21
5/17/21
New Hampshire
4/15/21
New Jersey
4/15/21
5/17/21
New Mexico
4/15/21
5/17/21
New York
4/15/21
5/17/21
North Carolina
4/15/21
5/17/21
North Dakota
4/15/21
5/17/21
Ohio
4/15/21
5/17/21
Oklahoma
4/15/21
6/15/2021
Oregon
4/15/21
5/17/21
Pennsylvania
4/15/21
5/17/21
Rhode Island
4/15/21
5/17/21
South Carolina
4/15/21
5/17/21
Tennessee
4/15/21
5/17/21
Utah
4/15/21
5/17/21
Vermont
4/15/21
5/17/21
Virginia
5/1/21
5/17/21
West Virginia
4/15/21
5/17/21
Wisconsin
4/15/21
5/17/21
Ohio Municipalities
4/15/21
5/17/21
*6/15/2021 for victims impacted by severe winter storms
Information updated as of 03.26.21
Please send your questions, comments and feedback to: info@mai.capital. The opinions and analyses expressed herein are subject to change at any time. Any suggestions contained herein are general, and do not take into account an individual’s or entity’s specific circumstances or applicable governing law, which may vary from jurisdiction to jurisdiction and be subject to change. Distribution hereof does not constitute legal, tax, accounting, investment or other professional advice. Recipients should consult their professional advisors prior to acting on the information set forth herein. In accordance with certain Treasury Regulations, we inform you that any federal tax conclusions set forth in this communication, were not intended or written to be used, and cannot be used by any taxpayer, for the purposes of avoiding penalties that may be imposed by the Internal Revenue Service.
