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Federal, Wisconsin tax deadlines extended to July 15

The announcement came from Governor Tony Evers' office Saturday. The announcement came from Governor Tony Evers' office Saturday. |  Photo: WDIO-TV

Updated: March 21, 2020 01:31 PM

Both federal and Wisconsin income tax payment and return due dates have been extended to July 15, 2020.

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According to Governor Tony Evers' office, Wisconsin law will automatically extend time and waive interest and penalties for taxpayers due to a disaster declared by the president.

"This is just one more thing we can do for Wisconsinites during this challenging time. Our main goal is to assist our citizens in any way that we can," Governor Evers said.

According to Governor Evers' office:

  • Tax filers do not have to file any extension forms to be eligible for this new due date.
  • There is no limit on the amount of payment to be postponed, and there are no income exclusions.
  • This applies to individuals, trusts, estates, partnerships, associations, companies or corporations.
  • This relief is solely for income tax payments, estimated income tax payments and returns due April 15, 2020.
  • There will be no interest or penalty for the period of April 15, 2020 to July 15, 2020.
  • Interest, penalties, and underpayment interest for failure to make quarterly estimated tax payments with respect to such postponed federal income tax filings and payments will begin to accrue on July 16, 2020.

"This is a time of great uncertainty for everyone. People are concerned and worried, and one thing they should not have to worry about right now is an April 15 tax deadline," Department of Revenue Secretary Peter Barca said.

"Roughly, half of all taxpayers in Wisconsin have already filed their tax returns, and most have received refunds, on average over $700," Department of Revenue Secretary Peter Barca said. "We are still processing returns and issuing refunds and other credits that Wisconsinites rely on such as the Homestead Credit and Earned Income Tax Credit."

Copyright 2020 WDIO-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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