The Internal Revenue Service is delaying the 2020 tax year filing deadline from April 15th to May 17th. Individual taxpayers do not need to file any forms to qualify for this automatic federal tax filing extension.
With the automatic extension of the tax filing due date, individuals can also postpone federal income tax payments for the 2020 tax year due on April 15th to May 17th, without penalties and interest regardless of the amount owed. This relief does not apply to estimated tax payments though that are due on April 15th, 2021.
The federal tax filing deadline extension only applies to federal income tax returns. State filing and payment deadlines vary and are not always the same as federal deadlines.
Reach out to H&M with any questions you may have and check back for additional information as the IRS will be providing formal guidance soon.