Second Quarter Estimated Tax Payments Now Due July 15th

Second Quarter Estimated Tax Payments Now Due July 15th

Late last week the federal government extended the due date for the 2020 second quarter estimated tax payment from June 15 to July 15. This means that individual tax returns, as well as individual first quarter and second quarter estimated tax payments are now all due on July 15.

Additionally, trusts, estates, corporations, and other non-corporate tax filers with filing or payment due dates between April 1 and before July 15 are now also extended to July 15.

When paying individual taxes and estimates, taxpayers have the option to send the IRS a check, or payments also can be made electronically through Direct Pay.

IRS Notice 2020-23 has further details regarding filing and payment deadlines and affected entities.

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