These taxpayers will have until June 15 to file their 2020 returns


Volunteers load cases of water into the bed of a truck during a mass distribution of water at Delmar Stadium in Houston on February 19.

Justin Sullivan | Getty Images

Some taxpayers have more time to file their 2020 returns.

For individuals and businesses located anywhere in Texas – much of which has been declared a disaster area – tax returns and payments will be due June 15 instead of the April 15 standard generally in place for everyone. world, the IRS said Monday.

ALSO READ  Walmart's use of TikTok likely to continue, even as Oracle deal collapses

Last year, the IRS extended the tax filing (and payment) deadline to July 15 for all taxpayers. The agency recently said it had no plans to take the same step this year.

More from Personal Finance:
How spousal benefits work if you apply for social security early
Here’s a decade-by-decade guide to retirement planning
Here’s when your tax return might be reported by the IRS

However, in any area affected by winter storms and declared a disaster by the Federal Emergency Management Agency, taxpayers would also get the same extension granted to those in Texas.

ALSO READ  The stocks that make the biggest moves after the bell: Beyond Meat, Etsy, Virgin Galactic and more

The extension also means those affected have until June 15 to make 2020 contributions to individual retirement accounts, the IRS said. Business returns typically due on March 15 are also pushed back to the later deadline, as are estimated quarterly tax payments normally due on April 15.



Please enter your comment!
Please enter your name here