NOTE: Estimated taxes are still due on April 15, 2021

The extension is AUTOMATIC FOR INDIVIDUAL filers whose 2020 tax returns and payments were originally due on April 15, 2021. No late fees, interest, or penalties will apply if returns are filed and payments originally due April 15, 2021 are made by May 17, 2021.

The official announcement: “The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days.”

Summary

  • INDIVIDUALS ONLY
  • Federal and State 2021 tax estimates are still due April 15, 2021
  • This ONLY applies to people whose returns were originally due on April 15, 2021.

The federal announcement is here:

https://www.irs.gov/newsroom/tax-day-for-individuals-extended-to-may-17-treasury-irs-extend-filing-and-payment-deadline

State of California FAQs are here:

https://www.ftb.ca.gov/about-ftb/newsroom/2020-tax-year-extension-to-file-and-pay-individual.html

The California press release is here:

https://www.ftb.ca.gov/about-ftb/newsroom/news-releases/2021-03-state-tax-deadline-for-individuals-postponed-until-may-17-2021.html

***

Call our offices if you have any questions.