IRS Issues Updated Guidelines on 2019 and 2020 Payment and Filing Extensions

Beth L. Fowler
Counsel, Tax Department
April 10, 2020

On April 10, 2020, the IRS issued Notice 2020-23, providing detailed information on the multiple types of returns for which it has postponed payment and filing deadlines.  These include Form 1040 series individual tax returns for residents and for nonresident aliens (Form 1040-NR series), series 1120 corporate returns, partnership returns, estate and trust series 1041 returns, estate and generation-skipping series 706 returns, gift and generation-skipping transfer tax series 706 returns, certain annual estate tax payments, and exempt organization series 990 returns.

The Notice provides a postponement of deadlines for all affected returns, and associated tax and estimated tax payments, due after April 1, 2020 and before July 15, 2020.  Relief is automatic, without any request by a taxpayer.  The relief also applies to schedules filed with the listed returns, such as Schedule SE, Schedule H, and Forms 5471.  The Notice also postpones until July 15, 2020, various other taxpayer deadlines, such as deadlines for filing a petition with the Tax Court, filing a claim for refund.  Additionally, the Notice provides a 30-day postponement of IRS performance of certain time-sensitive actions in some audits, Appeals Office cases, and other specified activities.

Notice 2020-23 can be found here.