Overdue taxes for Tax Year 2019

The federal income tax deadline was postponed this year from April 15th to July 15th to provide relief for individuals and businesses affected by the COVID-19 pandemic. However, the Internal Revenue Service determined that no further delay is necessary, and Tax Day for Tax Year 2019 is …tomorrow, July 15th.

Don’t panic. It is still possible to request an extension if you’re not quite ready to file. However, the deadline for filing taxes after requesting an extension is still October 15th, as in previous years.

Here are a few added points for last-minute tax filers.

Taxpayers have up to three years to file a 1040 tax return in order to receive a refund. If you are a taxpayer who expects to receive a refund for tax year 2016, you must file your 2016 form 1040 by tomorrow, July 15th. Otherwise, it will be too late.

There is an exception for taxpayers who expect to receive a refund for tax year 2016: if the taxpayer filed an extension to file their form 1040 for the tax year 2016. In that case, the taxpayer must file their tax year 2016 form 1040 return by October 15th to receive their refund.

The IRS provides complete details on a variety of special conditions for filers at this link.

Don’t Panic. Put Our Decades of Experience And Know-How to Work for You.

If you have IRS tax problems and need expert help, please call the Law Offices of John A. Sterbick at (253) 383-0140 or click to contact us.