More Due Dates Postponed

On April 9, 2020, the IRS issued Notice 2020-23, which postpones many tax-related due dates that had not been addressed in previous guidance.  As a result, tax return or payment due dates that originally fell between April 1 and July 15, 2020 are generally postponed until July 15, 2020.

Second quarter estimated income tax payments for individuals for the 2020 tax year, which were originally due on June 15, 2020 are now due on July 15, 2020.  (Prior guidance had already postponed the due date for first quarter estimated tax payments for the 2020 tax year to July 15, 2020.)

The due dates for exempt organizations with tax returns and payments due between April and June of 2020 are postponed until July 15, 2020.  Therefore, Forms 990 for calendar-year exempt organizations which were originally due on May 15, 2020 are now due on July 15, 2020.

The due date for filing tax returns and making payments for businesses, estates or trusts with fiscal years that fall between April and June of 2020 are postponed until July 15, 2020.

The due dates for filing tax returns and making payments for estate taxes and associated gift taxes typically due within nine months of the decedent’s date of death are postponed to July 15, 2020.

The statute of limitations for claiming refunds for the 2016 tax year, which would normally fall on April 15, 2020 (i.e., for taxpayers who did not file extension requests for the 2016 tax year), is postponed to July 15, 2020.