17 Mar 2021 Tax Day Moves from April 15 to May 17
On March 17, the IRS extended the normal April 15 individual tax return due date to May 17. Caution: the extension does not apply to Corporations, Trusts or the 2021 estimated tax payment which is still due on April 15, 2021. However, the tax deadline for Texas remains June 15, 2021 to file various individual and business tax returns and make tax payments. Learn more.
Most states have followed federal and also extended tax deadlines to May 17, 2021. Utah, Arizona, Colorado, and Idaho have all extended.
Despite the federal deadline extension, we encourage you to file your taxes as soon as possible. This will allow you to receive refunds, plan for tax payments, and comply with state deadlines. Filing electronically with direct deposit is the quickest way to get refunds, and it can help some taxpayers more quickly receive any remaining stimulus payments they may be entitled to. Learn more.
The deadline change gives taxpayers an extra month after the original deadline of April 15, 2021. May 15 falls on a Saturday, so the date was moved to Monday, May 17. In 2020, the IRS delayed the deadline by three months until July 15, but that threw off some of the other quarterly deadlines for many taxpayers.
The IRS is busy dealing with all the changing provisions from COVID-19 legislation. In addition, they are currently distributing the $1,400 stimulus payments from the American Rescue Plan Act that passed earlier this month. Learn more.