Less than an hour after this newsletter went up the IRS did change the due date. It is now July 15th, 2020.
1) The due date for filing 1040 returns is now July 15th.
2) The IRS has postponed the date payments from individual returns are due until July 15th.
a) This applies to amounts less than $1,000,000.
b) This also applies to estimated payments due April 15th, 2020. No guidance has been issued on estimated payments due June 15,2020 yet.
c) Corporations, Trusts and Estates also have the payment dates extended. For corporations this applies to payments less than $10,000,000.