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ARTICLE · 03 APRIL 2020

IRS Response To COVID-19

Rhoades McKee PC
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IRS Notice 2020-18, which supersedes a more restrictive Notice 2020-17, provides taxpayers with relief concerning income tax filings and payments otherwise due on April 15, 2020.

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Peter Lozicki
Peter Lozicki
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IRS Notice 2020-18, which supersedes a more restrictive Notice 2020-17, provides taxpayers with relief concerning income tax filings and payments otherwise due on April 15, 2020.  For taxpayers with a due date for filing Federal income tax returns and making Federal income tax payments on April 15, 2020, the due date is automatically postponed until July 15, 2020.

Affected taxpayers are not required to file forms 4868 or 7004 and there is no limit on the amount of payments that may be postponed.  This relief is solely available with respect to Federal income tax payments (including payments of tax on self-employment income).  No extension is provided for the payment or deposit of any other type of Federal tax or the filing of any Federal information returns.

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