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March 20, 2020
Question

Due Date

  • March 20, 2020
  • 1 reply
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Will Turbo Tax update the software to show taxes are not due now until July 15, 2020?

1 reply

RobertG
March 20, 2020

At this point, we don't know.

 

The Treasury announced, at the direction of the President, that the federal tax deadline is extended to July 15, 2020.

 

Taxpayers getting a refund are encouraged to file their taxes now as the IRS expects to continue to process refunds as normal. TurboTax is open and ready to help you easily and accurately file your taxes.

 

Federal tax payments have also been deferred, interest free and penalty free, for 90 days, until July 15. Individuals and self-employed taxpayers can defer up to $1 million for tax year 2019 federal tax payments. This deferment also applies to tax year 2020 estimated tax payments previously due on April, 15, 2020. Corporations can defer up to $10 million in federal payments.

 

Check with your state to see if their deadline has changed.

 

For further information please see the TurboTax website: Is the Tax Deadline Delayed? What to Know About Coronavirus (COVID-19) and Your Taxes

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March 23, 2020

Due Date

Will TurboTax update the software to show taxes are due July 15, 2020?

 

Thanks for the reply earlier RobertG. You mentioned that TurboTax may not update their software to the new extended federal tax deadline July 15, 2020.

Is there a way to work around the preset date of April 15, 2020 or should I, simply, wait to e-file after 4/15/2020 to select new date?

CatinaT1
March 23, 2020

Here is how you can change your payment date.

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