Treasury Secretary Mnuchin Extends Federal Income Tax Filing Deadline – Ohio Also Extended
At the urging of the President and the professional community, Treasury Secretary Mnuchin has announced via Twitter that the 2019 federal tax filing deadline will be moved to July 15, 2020 to align with the recently announced revised payment deadline. WSJ article and announcement link can be read here. Official notice is posted here.
The IRS posted a series of FAQ’s regarding this measure here. The FAQ’s address the affect of this provision on IRA contributions, tax payments due under installment agreements, exactly which form types it applies to, and estimated taxes among other items.
On March 27, 2020, Ohio Tax Commissioner Jeff McClain announced the extension of time to file and pay Ohio income tax, Ohio school district tax, and Ohio pass-through entity tax until July 15, 2020 to conform to the federal due dates. The announcement can be read here.
Most Ohio cities base their due dates on the Ohio deadline, therefore most Ohio cities are automatically extending their due dates as well.
To check due dates for states other than Ohio, the AICPA has provided a state-by-state relief guide here.
