General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIRS extends 2020 tax payment deadline to July 15
You must still file by April 15. Six-month extensions on paying any tax owed are still available. The IRS asks those owed a refund to file ASAP.
https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020
Have you done your taxes?
Maeve
(42,281 posts)Will have to pay some (Hubby and I are both sole proprietors), but not too bad. And nothing to the state (see previous note--Ohio is generous to small businesses).
Siwsan
(26,260 posts)Getting a refund, too.
alwaysinasnit
(5,066 posts)who have to go to a tax-preparer to have their returns done, if these businesses/organizations are even open during this social distancing time?
stopbush
(24,396 posts)We owe the Feds $3. State taxes are $0.
BTW. What, exactly, is dumb?
alwaysinasnit
(5,066 posts)might have trouble getting their returns done because of the shelter-in-place rules. More specifically, there are low-income seniors who use seniors services to do their returns and these organizations are often closed due to the shelter-in-place rules. (There are a couple of them, seniors, on my block.)
MineralMan
(146,288 posts)Since there are no penalties for late payment, file and pay on July 15, or earlier. I'll wait for my $1000 check or maybe two of them, if they send them to individuals. $2000 would cover it.
I haven't filed on April 15 for years. We're self-employed and never have what we owe in April. Property taxes are due, too, so...
Zorro
(15,740 posts)Refunds from both the state and feds.