|IRS has easy ways to help taxpayers who need more time or payment options. The Department of the Treasury and IRS today announced the tax filing and payment deadline of July 15 will not be postponed. |
Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15.Due to COVID-19, the original filing deadline and tax payment due date for 2019 was postponed from April 15 to July 15.The IRS reminds taxpayers filing Form 1040 series returns that they must file Form 4868 by July 15 to obtain the automatic extension to Oct. 15.
The extension provides additional time to file the tax return – it is not an extension to pay any taxes due.The IRS urges people who owe taxes, even if they have a filing extension, to carefully review their situation and pay what they can by July 15 to avoid penalties and interest. For people facing hardships, including those affected by COVID-19, who cannot pay in full, the IRS has several options available to help.
To avoid interest and penalties, the IRS encourages them to pay what they can and consider a variety of payment options available for the remaining balance.“The IRS understands that those affected by the coronavirus may not be able to pay their balances in full by July 15, but we have many payment options to help taxpayers,” said IRS
Commissioner Chuck Rettig. “These easy-to-use payment options are available on IRS.gov, and most can be done automatically without reaching out to an IRS representative.”