What are the COVID-19 tax relief measures for individual income tax filers?
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Last modified 5/6/2021 3:27:02 AM EST |
Added by ExpressExtension Team
The IRS has granted an automatic extension for individual taxpayers to file and pay their individual income tax returns. As a result, the 2020 tax year filing date is automatically extended up to May 17, 2021, which otherwise would have been on April 15, 2021. As such, you are not required to file any additional forms to qualify for this extension.
The key highlight of this extension is that you'll have time until May 17, 2021, to pay your taxes, and for which, the IRS doesn't impose penalties/interest. In case if you aren't able to file your tax return by May 17, 2021, you can get an automatic 6-month extension by filing Form 4868.
To know more about the IRS COVID-19 tax relief, click here.