The Internal Revenue Service has moved the tax filing and tax payment deadline to July 15. This is for easing the financial burden of the taxpayers caused by the coronavirus crisis. With the tax filing deadline postponed, taxpayers have three months in extra to file their tax returns. For this to take effect, taxpayers don’t need to file an extension.
The tax filing and payment deadline is postponed by the IRS automatically. So no need for filing extra tax forms even if you haven’t filed taxes after April 15.
Tax Extension for 2019 Tax Returns
If you can’t gather your tax documents to file a tax return by July 15, you can still file a tax extension. This will push the tax filing deadline only three months though, not six months. With that said, filing for an extension before July 15 will give you time until October 15. Normally, a tax extension would grant taxpayers six months but since the IRS already postponed the tax filing deadline, you will get an extra three months.
However, you still must pay taxes before July 15. For this, you can pay taxes if you think you will owe when filing a tax return when submitting your tax extension form or pay on IRS Direct Pay.
We suggest paying taxes and filing a tax extension at the same time on IRS Direct Pay as you will finish two things at once. One thing to keep in mind about IRS Direct Pay though, you can only pay taxes with a bank account. Direct Pay currently doesn’t accept other forms of payments such as credit cards and debit cards. Learn more about paying taxes online from our homepage.