Jump to content
ATX Community

Questions on states' COVID-19 dates, post here


jklcpa

Recommended Posts

From Tax Foundation -  State Legislative Responses to COVID-19:

https://taxfoundation.org/state-tax-coronavirus-covid19/?fbclid=IwAR05E2ch588Qce0JTQB7HZBXp_2I7UavjzGQMxhYWWwgnJGcC2LoM4scTRY

AICPA is maintaining a list of each states' filing relief and requirements:  https://www.aicpa.org/content/dam/aicpa/advocacy/tax/downloadabledocuments/coronavirus-state-filing-relief.pdf

List with links to each state dept of revenue for any additional information or press release that a state may have issued:   https://www.taxadmin.org/state-tax-agencies

  • Like 1
Link to comment
Share on other sites

MN Revenue just issued a release, they will be matching the feds July 15th date.  Whew.  We would normally require legislative action to move the date, and the legislature is adjourned, but I guess the gov did it under the peacetime emergency powers act.  Good thing!

BUT, this does not include estimated taxes, which are still due April 15th.  Well that bites.

 

 

Link to comment
Share on other sites

Delaware individuals: extended the filing and payment deadline is July 15th along with the 1st quarter estimated payment, but the 2nd quarter estimated payment due date remains unchanged and due June 15th.  

Paper extensions for individuals are still required for anyone that wishes to extend the filing date to Oct 15th, and those are to be emailed to a newly created address of [email protected]

Corporate returns will now follow the federal due date, and first tentative estimated payment is now July 15th. The state will honor federal extension 7004 to further extended.

Here is the Technical Information Memorandum TIM 2020-1 that covers it all.

 

Link to comment
Share on other sites

"Department of Revenue announces extension of tax filing deadlines and paymentsMarch 25, 2020

Salem, OR—At the direction of Governor Kate Brown, the Oregon Department of Revenue today announced an extension for Oregon tax filing and payment deadlines for personal income taxes and some other taxes closely following the IRS extension declaration. This move is a result of the governor’s priority to keep Oregonians safe and healthy, while also providing relief and consistency for Oregon taxpayers affected by the federal and state COVID-19 emergency.

“The governor’s clearly stated goal is for Oregon families to stay home, save lives,” said Oregon Department of Revenue Director Nia Ray. “After consultation with the state treasurer and state budget officials, the Department of Revenue will extend personal and corporate income tax deadlines during this challenging period.”

Under the authority of ORS 305.157, the director of the Department of Revenue has determined that the governor’s state-declared emergency due to the COVID-19 pandemic and the action of the IRS will impair the ability of Oregon taxpayers to take certain actions within the time prescribed by law. Therefore, the director has ordered an automatic extension of the 2019 tax year filing and payment due dates for certain affected taxpayers as indicated below.

For personal income taxpayers:
• The Oregon return filing due date for tax year 2019 is automatically extended from April 15, 2020 to July 15, 2020.
• The Oregon tax payment deadline for payments due with the 2019 tax year return is automatically extended to July 15, 2020.
• Estimated tax payments for tax year 2020 are not extended.
• The tax year 2019 six-month extension to file, if requested, continues to extend only the filing deadline until October 15, 2020.
• Taxpayers do not need to file any additional forms or call us to qualify for this automatic Oregon tax filing and payment extension.
• If you have questions about your personal income tax, contact [email protected].

For corporate income/excise taxpayers:
• The Oregon return filing due date for tax year 2019 is automatically extended from May 15, 2020 until July 15, 2020. Returns due after May 15, 2020 are not extended at this time.
• The Oregon tax payment deadline for payments due with the 2019 return by May 15, 2020 is automatically extended to July 15, 2020. Payments for returns due after May 15, 2020 are not extended at this time.
• Estimated tax payments for tax year 2020 are not extended.
• Taxpayers do not need to file any additional forms or call us to qualify for this automatic Oregon tax filing and payment extension.

Interest and penalties:
• Because of the extension of the due dates for filing returns and making payments, any interest and penalties with respect to Oregon tax filings and payments extended by this order begin accruing on July 16, 2020.
• No automatic extension is provided in this order for the payment or deposit of any other type of Oregon tax or for the filing of Oregon information returns."

Link to comment
Share on other sites

4 hours ago, ETax847 said:

Lion, appreciate your insight as always.  Stay well my friend. 

You, too.  While I have your attention, and you being from IL, the most recent CCH chart has IL not postponing their deadline, remaining at 15 April. Is that the latest? I have an IL farm so file an IL NR return. I usually file our returns after all my paying clients, but do need to get an extension in the mail with a check if the deadline is still 15 April. (As of last year, anyway, I could not efile an IL extension for an NR return.)

Link to comment
Share on other sites

@Lion EA

The deadline for filing state income tax returns will be extended three months to July 15, matching a federal deadline announced last week, Gov. J.B. Pritzker said Wednesday.

The postponement, made in an effort to alleviate the economic strain caused by the COVID-19 pandemic, will automatically apply to all individual returns as well as to trusts and corporations.

Edited by jklcpa
added tag because posts were relocated
  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...