Important 2020 Tax Information

OPINION | This article contains political commentary which reflects the author's opinion.

Hey, just a little public service announcement: Don’t put off doing your taxes!

Whether you do your own taxes or you pay someone else to complete the arduous task, you probably noted that the Federal Tax date was moved to May 17, 2021. My phone’s calendar updated with the new date automatically. You may be tempted to think, oh wow, that’s cool of the government, look at them, looking out for me. NO! Please check the fine print.

“The federal tax filing deadline postponement to May 17, 2021, only applies to individual federal income returns and tax (including tax on self-employment income) payments otherwise due April 15, 2021, not state tax payments or deposits or payments of any other type of federal tax. Taxpayers also will need to file income tax returns in 42 states plus the District of Columbia. State filing and payment deadlines vary and are not always the same as the federal filing deadline. The IRS urges taxpayers to check with their state tax agencies for those details.” Visit IRS.gov for more info.

The extended date only applies to certain taxes and situations. Avoid paying a fine and file for an extension if necessary, or be like me and stay up late finishing your taxes.