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IRS COVID Tax Tip: An extension to file is not an extension to pay taxes

Read the IRS June 16, 2020 COVID Tax Tip, "An extension to file is not an extension to pay taxes" here: 

For most taxpayers the filing and payment deadline was postponed July 15. Those who need more time to file beyond the postponed date, can request an extension to file. Taxpayers must request an extension to file by July 15. This gives them until October 15 to file their tax return. An extension to file is not an extension to pay. Taxes must be paid by July 15.

How to request an extension to file

To get an extension to file, taxpayers must do one of the following:

An automatic extension of time to file will process when taxpayers pay all or part of their taxes electronically by the Wednesday, July 15 due date.

Although the tax filing deadline has been postponed to July 15, 2020, the IRS continues processing electronic tax returns, issuing direct deposit refunds and accepting electronic payments.

The agency is now back to processing paper tax returns sent by mail. However, taxpayers who mailed a paper tax return will likely experience a longer wait time. Those who have already mailed a paper tax return but, it hasn't yet been processed, should not file a second tax return or write the IRS to check the status of their tax return or Economic Impact Payment.


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