![]() ![]() To better assess when your refund might arrive, you can check the IRS tool "Where's My Refund?" either within 24 hours of when the agency indicates it has received your e-filed return or four weeks after you mailed in your paper return. IRS Commissioner Rettig told lawmakers on April 13 that the agency still has 1.7 million returns from 2019 to process and that any returns going through the agency's error resolution service is taking 10 to 14 days, up from the typical three to five days in a normal filing season. ![]() It also started this year with a backlog of millions of 2019 returns that needed processing. The agency also has said it is taking longer to process mailed documents, such as paper tax returns, and correspondence related to one's tax return - for instance, if the IRS requested more information or found an error in a filer's calculations. The fastest way for you to receive yours is to file electronically and choose direct deposit, the IRS notes. Typically refunds are issued within 21 calendar days of the IRS receiving your return. You still must pay any remaining federal taxes owed on your 2020 income by May 17, if you want to avoid a potential late payment penalty.Īnd if you're owed a refund, taking longer to file your taxes means you will wait longer to get your refund. To do so, submit your request to the IRS by May 17.īut note that an extension to file is not an extension to pay what you owe. You may get an automatic five-month extension to file your 2020 federal income taxes, meaning they won't be due until October 15. Can I file for an extension to file my 2020 return? You now have until May 17 to make 2020 contributions to your IRA, Roth IRA, Health Savings Account, Archer Medical Savings Accounts (Archer MSAs), and Coverdell education savings accounts (Coverdell ESAs). In Louisiana, the deadline is May 17, although residents affected living in federally declared disaster areas due to the February winter storm have until June 15.ĭo I get more time to make contributions to my IRA and Health Savings Account? They are Hawaii, April 20 Iowa, April 30 and DC, July 15. Some states' and the District of Columbia's current filing dates differ. ![]() The remaining states still have their original filing date, which is April 15 in most instances, according to the Federation of Tax Administrators. And Maryland previously had extended its filing deadline to July 15. Oklahoma has extended its deadline to June 15. They include Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Illinois, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, West Virginia and Wisconsin. As it is, the filing season started a few weeks late this year since the IRS had its hands full administering provisions from prior Covid relief packages.īut most states have extended their filing deadlines to May 17 to align with the federal deadline. While the original filing and payment due date was April 15, the IRS has pushed the deadline to May 17 to give individual filers, tax preparers and the IRS itself more time to sort through the many changes affecting one's 2020 taxes from the latest Covid relief package. Here are some of the most important ones. Due to the Covid crisis, there are plenty of new and revised provisions and important dates you will need to know about before filing your 2020 return this year. Many of the upheavals over the past year have caused changes to your taxes. But there's been nothing normal about the past year.īut the filing deadline's not the only thing that's changed. Normally, of course, that would be the day your taxes are due. PHILADELPHIA - April 15 falls on Thursday this week. The good news is you'll have another month to file your 2020 return. ![]()
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