tax extentions

[SMJohnson]

we were due to get our taxes done by AARP in the villages is there any one in the Villages that can help us get an extention?
please email me at sjohnsondoran@gmail.com or post message for all to read
Thanks
Susan

[jimbo2012]

Simple form

https://www.irs.gov/pub/irs-pdf/f4868.pdf

[JoelJohnson]

They have extended to tax date to July 15th.

[anothersteve]

They have extended to tax date to July 15th.

I think you still have to file by 4/15 but if you owe, payment is extended to 7/15?
Steve

Found it
The New Tax Deadline: Pay by July 15 - WSJ (https://www.wsj.com/articles/the-new-tax-deadline-pay-by-july-15-11584576882)

Steve

[billethkid]

deleted message as link in post above covers it.

[jimbo2012]

You can avoid paying till July and by filing an extention not file the return till then also.

Why sit down and risk exposure meeting your Cpa now when you can wait

[Mleeja]

Steve’s complete WSJ article is hidden behind a pay wall. Here is a link to the IRS website.
Payment Deadline Extended to July 15, 2020 | Internal Revenue Service (https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020)
My reading of this is you must either file a return or for an extension by April 15th. Just do not think you have a three month extension to do anything.

[Rapscallion St Croix]

As of this morning, the filing deadline has also been moved to July 15

[anothersteve]

Steve’s complete WSJ article is hidden behind a pay wall. Here is a link to the IRS website.
Payment Deadline Extended to July 15, 2020 | Internal Revenue Service (https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020)
My reading of this is you must either file a return or for an extension by April 15th. Just do not think you have a three month extension to do anything.

That's weird. I was able to read the whole article without paying anything, now I click on the link and like you said it a paywall. Thanks
Steve

[anothersteve]

As of this morning, the filing deadline has also been moved to July 15

Link please
Stever

[Rapscallion St Croix]

It’s Official: IRS Delays Tax Filing Deadline To July 15, Mnuchin Says (https://www.forbes.com/sites/sarahhansen/2020/03/20/its-official-irs-delays-tax-deadline-to-july-15-mnuchin-says/#53f198c9bd34)

[anothersteve]

It’s Official: IRS Delays Tax Filing Deadline To July 15, Mnuchin Says (https://www.forbes.com/sites/sarahhansen/2020/03/20/its-official-irs-delays-tax-deadline-to-july-15-mnuchin-says/#53f198c9bd34)

Thanks. So that's that.
Steve

[mfp509]

Just heard an announcement on television tax filing deadline moved from April 15 to July 15.

[Andyb]

Government just extended the deadline till July 15th, because of the virus financial crisis.

[FredJacobs]

You don't need an extension. The tax filing deadline has been changed (this year only) from April 15th to July 15th. If you haven't had your taxes prepared by July 15th, then you can get a 6-month extension. An extension does not give you longer time to pay - your taxes must be paid by the filing deadline.

[kens613]

Been extended to July 15

[Taylor32162]

Google ‘How to file for an extension’
Go the the irs.gov link - make sure it’s the irs link

Follow the instructions for e-filing the form. No need to download the form and mail it in.

Be aware that if you file for an extension you still have to pay an estimated tax amount by the filing deadline.

Not sure how that works now that the deadline has moved to July.

[RoVer]

we were due to get our taxes done by AARP in the villages is there any one in the Villages that can help us get an extention?
please email me at sjohnsondoran@gmail.com or post message for all to read
Thanks
Susan
IRS has extended tax filing deadline to July 15th

[pamsneff@gmail.com]

They government extended the tax filing until 7/15

[wirenail444]

The IRS has extended the tax deadline until July 15th this year. You have lots of time to prepare your return.

[Bridget Staunton]

Yesterday they announced filing deadline has been extended to July 15 so as far as I know there may not be a need for an extension. Check to make sure

[MarkGoldberg]

we were due to get our taxes done by AARP in the villages is there any one in the Villages that can help us get an extention?
please email me at sjohnsondoran@gmail.com or post message for all to read
Thanks
Susan

The President extended the deadline til May.

[greenflash245]

fed considering extending out to July 15

[biker1]

They have officially extended the deadline. They are done "considering".

fed considering extending out to July 15

[tjlee500]

March 18, 2020

The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can't file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.

This payment relief includes:
Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.

[biker1]

Did you not read post #11 ?

March 18, 2020

The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can't file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.

This payment relief includes:
Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.

[jarodrig]

March 18, 2020

The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can't file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.

This payment relief includes:
Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.

Inaccurate information ! Folks rarely read the posts before providing their nuggets of information !

[jarodrig]

The President extended the deadline til May.

More inaccurate information !

[Bobbie Vayo]

They have extended to tax date to July 15th.

I have filed with Turbotax and I owe money. I wanted to use the extension but there is no way to prove that I did my taxes through Turbotax. So does this mean I have to file by April 15th. Thanks

[Tvhusker]

IRS tax deadline has been extended to July 15, 2020. Read this on Fox News 13 FB feed. the other day.

[jarodrig]

I have filed with Turbotax and I owe money. I wanted to use the extension but there is no way to prove that I did my taxes through Turbotax. So does this mean I have to file by April 15th. Thanks

You said you “filed” your taxes through TurboTax.

Why would you need to prove anything if they have been filed ???

Unless you meant that you “completed” your taxes and have not yet SUBMITTED them to the IRS ???

In any event, it has been posted numerous times that you don’t need to submit (file) your taxes until the July 15 deadline extension......

[Nancyz]

we were due to get our taxes done by AARP in the villages is there any one in the Villages that can help us get an extention?
please email me at sjohnsondoran@gmail.com or post message for all to read
Thanks
Susan
You did see that taxes are now did July 15, correct?

[stan the man]

Does this mean the snowbirds will be here till July` sorry maybe not it's too hot

[jarodrig]

You did see that taxes are now did July 15, correct?

It’s been posted multiple times !!! One would have to be blind or living under a rock to not be aware of it !!!!

But then again ???? 😂

[newyorkmaya]

Tax deadline now 7/15 courtesy of IRS

[stits128]

I was in the same situation, having had AARP Tax Aide do my taxes for the past few years for free. I decided to try Turbo Tax and was very happy with the process. They talk you thro everything and even e-file for you for nothing. All free, although they try to sell you an upgrade, but I found it wasn't necessary.

[mikeritz53]

New Deadline is July 15, instead of the usual April 15th.

[HappyRetired]

I agree with stits128. Why wait at all? TurboTax or go to the IRS site and file free on-line. They take you through step by step and you fill in the information that is applicable to you. You pay or get refunds through your bank account--and they show you how to do that too. Just like AARP, except you have to type it yourself.

[ColdNoMore]

I heard the filing deadline has been extended to July 15.




:D

[golfing eagles]

I heard the filing deadline has been extended to July 15.




:D

I'm not so sure of that. If you read the IRS notice from the link that was provided earlier in this thread, it seemed to say you still must file or file for an extension by April 15. If you owe money, you have until July 15th to pay

[jarodrig]

I'm not so sure of that. If you read the IRS notice from the link that was provided earlier in this thread, it seemed to say you still must file or file for an extension by April 15. If you owe money, you have until July 15th to pay

Nope , the info you refer to in the link is OLD INFORMATION......

Please turn on the news channels and listen to current news .....

July 15 is now the deadline.....

No filing for extensions needed ....

[Indydealmaker]

Correct.

[ColdNoMore]

Nope , the info you refer to in the link is OLD INFORMATION......

Please turn on the news channels and listen to current news .....

July 15 is now the deadline.....

No filing for extensions needed ....

Listening to/watching channels/sites that actually give out facts and not "hunches"...goes a long ways in staying up-to-date. :thumbup:




.

[golfing eagles]

Nope , the info you refer to in the link is OLD INFORMATION......

Please turn on the news channels and listen to current news .....

July 15 is now the deadline.....

No filing for extensions needed ....

That could be, but the latest notice on the IRS website is as of 3/18, which is what I quoted. I would triple check before I acted on information from the television, lest you get into a penalty situation

[ColdNoMore]

File Here (http://www.chicagotribune.com/coronavirus/ct-nw-coronavirus-tax-day-deadline-july-20200320-gv6myzpzpnd7na27yq5xeo3fti-story.html)



The income tax filing date has been pushed back from April 15 — the deadline will now be July 15, Treasury Secretary Steven Mnuchin said.

Mnuchin announced the decision in a tweet Friday saying that at President Donald Trump’s direction “we are moving Tax Day from April 15 to July 15.

All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.”

[jarodrig]

That could be, but the latest notice on the IRS website is as of 3/18, which is what I quoted. I would triple check before I acted on information from the television, lest you get into a penalty situation

3/18 was 3 days ago .......

Things seem to change by the hour and the best place to get the latest is by watching the news briefings.....;)

[golfing eagles]

File Here (http://www.chicagotribune.com/coronavirus/ct-nw-coronavirus-tax-day-deadline-july-20200320-gv6myzpzpnd7na27yq5xeo3fti-story.html)

I believe you, my expertise is certainly not in finance. But, I've learned when dealing with the government, I like to see it in an official written statement. NYS dept. of taxation is still trying to fine me for not filing corporate tax returns even though I retired 6 years ago and marked the last return "final"

[retiredguy123]

I believe you, my expertise is certainly not in finance. But, I've learned when dealing with the government, I like to see it in an official written statement. NYS dept. of taxation is still trying to fine me for not filing corporate tax returns even though I retired 6 years ago and marked the last return "final"
Here is the official written statement from the IRS website.

Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed | Internal Revenue Service (https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed)

[golfing eagles]

Here is the official written statement from the IRS website.

Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed | Internal Revenue Service (https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed)

Thank you---wasn't there when I looked:bigbow:

[Bogie Shooter]

3/18 was 3 days ago .......

Things seem to change by the hour and the best place to get the latest is by watching the news briefings.....;)

Actually they change within the news briefings, one states something and then it is corrected by a member of the team. :duck:

[neelie]

IRS extended deadline to mid July 2020 You can call them to verify It was on the news CNN. iRS 1-800-829-1040

[kcal63]

you can fill out IRS form 4868 online or by mail that will give you an automatic extension until July to file your taxes.

[Marty94]

There is an extension in place to July 15. Please see article at IRS.gov

[ColdNoMore]

Actually they change within the news briefings, one states something and then it is corrected by a member of the team. :duck:

People should be ignoring anyone who says they have a "hunch/feeling" and only listening/following those doctors/scientists...who deal in facts. :ohdear:

[kfolberg]

I've always wanted to use that conspiracy theory phrase! LOL :)

The April 15th federal "deadline" for individuals is not actually a filing deadline (not just this year, but always), unless you have a balance due.

Why? Because penalties for late filing are a percentage of the balance due. No balance due = no penalty for filing whenever you'd like. Of course, if you wait more than a year to file, you might get reminder letters from the IRS, but still no penalties, if you don't owe any tax.

For states with individual income taxes, there may be a penalty for filing after their stated due dates.

Filing deadlines for entities filing as corporations ARE real, and penalties for late filing (without timely filed extensions) can be very substantial - even if not tax is due.

One thing to be careful about this year: While the filing and payment "deadlines" have been moved to July 15, 2020 for the 2019 tax year, the due dates for 1st and 2nd quarter estimated quarterly tax payments has NOT yet been extended. So, if you don't make the appropriate amount of estimated tax payments by April 15, 2020 and June 15, 2020, you may be subject to penalties and interest on the underpayments. I've requested that the Treasury Department extend these due dates, but they have not yet done so (and may not). So, what should you do? My unofficial advice is to make your best guess and send-in quarterly estimated income tax deposits by their due dates.

Truth be told: I am a CPA with a tax specialty. However, I happily retired in November, 2019.

DISCLAIMER OF TAX ADVICE: Any discussion contained herein cannot be considered to be tax advice. Actual tax advice would require a detailed and careful analysis of the facts and applicable law. I have not made and have not been asked to make that type of analysis in connection with any advice given in this message. As a result, any federal tax advice rendered in this e-mail is not intended or written to be used and cannot be used for the purpose of avoiding penalties that may be imposed by the Internal Revenue Service.

[biker1]

Did you not read the other posts? The date for filing has been extended to July 15. You do not need to file a form for an extension.


you can fill out IRS form 4868 online or by mail that will give you an automatic extension until July to file your taxes.

[ColdNoMore]

Has anyone else heard the rumor, that the filing deadline...has been extended to July 15?




:D

[Villagelee]

I believe I heard today on the news that the new deadline is July. AARP will know for sure.
we were due to get our taxes done by AARP in the villages is there any one in the Villages that can help us get an extention?
please email me at sjohnsondoran@gmail.com or post message for all to read
Thanks
Susan

[jarodrig]

OMG !!! Doesn’t anyone read the previous posts or listen to the news ????

[Eg_cruz]

Date has been pushed to July 15 I heard no extension needed if you file by then