Federal income-tax returns that would otherwise be due on April 15 can now be put on hold until July 15 without taxpayers having to submit extension requests to the Internal Revenue Service. This development clearly applies to individual taxpayers and probably to trusts, estates and corporations that use the calendar year for tax purposes too. Time will tell.
We don’t yet know if filing deadlines for federal payroll-tax returns and federal estate- and gift-tax returns will also be delayed. We also don’t yet know if the normal April 15 deadline for making IRA and health savings account (HSA) contributions for your 2019 tax year will be delayed.
