IRS postpones April 15 tax-filing deadline by one month— but there’s one caveat

IRS postpones April 15 tax-filing deadline by one month— but there’s one caveat

The Internal Revenue Service said it’s pushing the tax-filing deadline from April 15 2021 to May 17 2021.

“This continues to be a tough time for many people, and the IRS wants to continue to do everything possible to help taxpayers navigate the unusual circumstances related to the pandemic, while also working on important tax administration responsibilities,” IRS Commissioner Charles Rettig said in a statement Wednesday.

The May 17 deadline is the deadline to pay any taxes owed, and it is the deadline to submit a return. People can still get an extension to Oct. 15, but that’s only more time to send in a return and does not afford more time to pay taxes.

One caveat to IRS announcement
There is one caveat, however. The IRS notes the extended deadline only pertains to federal income tax payments. It doesn’t affect a state’s income tax deadline.

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