IRS Extends Federal Individual Tax Filing Deadline. State deadlines to follow?

In a news release earlier today, (IR-2021-59, March 17, 2021), the IRS officially announced that it will extend the individual tax filing season by 1 month until May 17, 2021.  (https://www.irs.gov/newsroom/tax-day-for-individuals-extended-to-may-17-treasury-irs-extend-filing-and-payment-deadline).

No forms need to be filed with the IRS for this deadline extension

Payments of 2020 balance due are similarly delayed. 

Unfortunately, an extension of 2021 first-quarter estimates is not available.  

It is expected that most, if not all, states with income tax deadlines of April 15 will also establish a similar delay in their filing deadlines.  At this point in time, Maryland has already extended the deadline.  

We will continue to provide updates on other return extensions and state treatment as information becomes available.

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at [email protected].

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

© 2022 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

our thoughts on
Electric Vehicle Charger Tax Credit Extended and Expanded by the Inflation Reduction Act
Everything You Need to Know about the New Electric Vehicle Tax Credit
Ohio Enacts Pass-Through Entity Tax
What You Should Know About PA’s Latest Tax Law Changes
UPDATE: Inflation Reduction Act – Final Senate Version Eliminates the Change in Carried Interest Rules
Inflation Reduction Act – Tax Provisions Included in Proposed Legislation
Register to receive our weekly newsletter with our most recent columns and insights.
Have a question? Ask us!

We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.

Ask us
contact us

This site uses cookies to ensure that we give you the best user experience. Cookies assist in navigation, analyzing traffic and in our marketing efforts as described in our Privacy Policy.

×