IRS News Release States There Will Be No Additional Delay of the 2020 Due Date Past July 15
In a news release the IRS announced that there will not be a second postponement of the tax filing deadline past July 15.[1] Treasury Secretary Mnuchin had been quoted recently as saying that the Treasury had not yet ruled out extending the deadline a second time, but now it appears that decision has been made.
The announcement states:
The Department of the Treasury and IRS today announced the tax filing and payment deadline of July 15 will not be postponed. Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15.
The news release reminds taxpayers that they can file for an extension of time to file their return by July 15 by filing Form 4868. The news release notes that this extension does not serve to extend the time to pay taxes, at least without paying interest and penalties. The release continues:
The IRS urges people who owe taxes, even if they have a filing extension, to carefully review their situation and pay what they can by July 15 to avoid penalties and interest. For people facing hardships, including those affected by COVID-19, who cannot pay in full, the IRS has several options available to help. To avoid interest and penalties, the IRS encourages them to pay what they can and consider a variety of payment options available for the remaining balance.
“The IRS understands that those affected by the coronavirus may not be able to pay their balances in full by July 15, but we have many payment options to help taxpayers,” said IRS Commissioner Chuck Rettig. “These easy-to-use payment options are available on IRS.gov, and most can be done automatically without reaching out to an IRS representative.”
While the release does not mention the status of other obligations delayed by Notice 2020-23 to July 15, 2020, it is unlikely the agency will take any action to provide additional time for these other actions while not providing additional time to file Form 1040.
[1] IR-2020-134, “Taxpayers should file by July 15 tax deadline; automatic extension to Oct. 15 available,” IRS website, June 29, 2020, https://www.irs.gov/newsroom/taxpayers-should-file-by-july-15-tax-deadline-automatic-extension-to-oct-15-available (retrieved June 30, 2020)