UPDATED March 27
The IRS has announced that all taxpayers, including corporations, will have until July 15 to both file and pay tax bills, and will incur no penalties or interest on amounts due. This expands the extension of a week ago to include filing as well as paying balances, and to include all taxpayers (not just those owing under $1 million) and all corporations, as well as trusts, estates, and noncorporate filers, as well as those who pay self-employment tax.
“Even with the filing deadline extended, we urge taxpayers who are owed refunds to file as soon as possible, and file electronically,” wrote IRS commissioner Chuck Rettig in a post on the irs.gov site. Refunds on returns filed electronically are typically taking about 21 days. Check the IRS’s coronavirus page for all updates and links for assistance: irs.gov/coronavirus.
The Massachusetts Department of Revenue (DOR) is also extending its income tax filing to July 15. Find details here: bit.ly/madeadlineext.
Updated to add state filing extension. – Ed.