Coronavirus | Filing And Payment Deadlines
Questions & Answers
Q1. Who is eligible for relief?
Q2. Do I have to be actually sick to qualify for payment relief?
Q3. What are the specific tax form numbers of the federal returns that have been postponed from April 15th to July 15th?
Q4. What about businesses that have filing due dates on March 15th, or May 15th or June 15th, have their filing and payment deadlines been extended?
Q5. Does the payment deadline apply to payroll taxes?
Q6. The relief allows for postponing the first quarter 2020 estimated income tax payment due on April 15th, 2020. What about 2nd quarter payments due on 6/15/20, are they extended as well?
Q7. Is the deadline to contribute to an IRA also extended?
Q8. Does the extension to file and pay also apply to State income taxes?
We at Franskoviak Tax Solutions will continue to keep you up to date in regards to the latest news. If you have a question that you would like answered in regards to the latest tax news please contact our office at (248) 524-5240.