Recap of Changes to Tax Deadlines

by | Apr 5, 2021 | 2021 April News | 0 comments

For INCOME TAXES:

  • The due due for personal income tax returns has been extended to 5/17/21
  • Request for automatic six month extension, Form 4868, is required to be filed by 5/17/21 unless you will submit your tax returns by then
  • 1st quarter 2021 estimates are still due 4/15/21

For FINANCIAL PLANNING and RETIREMENT:

  • Due date for funding your 2020 Roth or Traditional IRA, or Education Savings Account (ESA) has been extended to 5/17/21
  • Due date for self-employed individuals to fund their retirement plans has been extended to 5/17/21
  • Self-employed individuals who need additional time to fund a retirement plan can file a Form 4868 with the IRS by 5/17/21

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