Oregon Joins IRS In Extending Filing Due Date

The Oregon Department of Revenue is joining the IRS and automatically extending the income tax filing due date for individuals for the 2020 tax year from April 15 to May 17.  Both the IRS and the Oregon Department of Revenue will be providing formal guidance in the coming days.  Individual taxpayers can also postpone state income tax payments for the 2020 tax year due on April 15 to May 17 without penalties and interest, regardless of the amount owed.  This postponement applies to individual taxpayers, including individuals who pay self-employment tax.  Penalties and interest will begin to accrue on any remaining unpaid balances as of May 18.  Individual taxpayers will automatically avoid interest and penalties on the taxes paid by May 17.  Individual taxpayers do not need to file any forms or call the Department of Revenue to qualify for this automatic tax filing and payment relief.

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