Tax Return Deadline – July 15

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If you haven’t filed your tax return yet, the deadline is almost here!

The tax filing deadline is usually April 15, but not this year. Thanks to the coronavirus crisis, taxpayers have until July 15 to file and pay their 2019 taxes.

The IRS reminds taxpayers that an “extension to file is not an extension to pay. Taxes must be paid by July 15.” That’s Wednesday.

You can file for an extension if needed, which will give you until Oct. 15 to file your paperwork. But you still have to pay by Wednesday if you owe taxes.

If you need to file for an extension, taxpayers have several options.

To get an extension, the IRS said, you can file Form 4868 through your tax professional, tax software or by using Free File on IRS.gov.

Your payment can be submitted electronically with Direct PayElectronic Federal Tax Payment System or by debit, credit card or digital wallet. If you go that route, select Form 4868 or extension as the payment type, the IRS said.

“An automatic extension of time to file will process when taxpayers pay all or part of their taxes electronically by the Wednesday, July 15 due date,” the IRS said.

The IRS also said it continues processing electronic tax returns, issuing direct deposit refunds and accepting electronic payments, but many taxpayers have complained they’ve seen long delays in getting their tax refunds.

Your New Jersey tax bill is also due on July 15.

If you pay estimated taxes to the state, you’ve already missed your deadline.

Estimated tax for the second quarter was due to the state on June 15 for income tax and business tax filers, the state said.

“Any 2nd quarter payments made after June 15 will be considered late and may be subject to interest charges,” the state said. “Only estimated payments originally due on April 15 have been extended to July 15, 2020.”

That was confusing for some taxpayers, who expected their second quarter payments to also be extended to July 15. But only first quarter payments were extended to July 15. The rest remained due on June 15, the original due date.

Taxpayers have reported delays in receiving refunds from both the state and the federal government in the wake of the coronavirus pandemic. Because of the shutdown, tax agencies were delayed in processing mailed returns.

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