As you may already know, due to the COVID-19 emergency, the IRS has extended the 2019 tax filing deadline and the payment due date to July 15, 2020(1). However, please be aware that this extension does not automatically apply to income tax returns, tax payments and estimated taxes due for individual states. Below is a brief summary of our understanding of the filing and payment adjustments in place for the states of New Hampshire, Massachusetts and Maine.
Residents of New Hampshire: As of this time, the State of NH has not extended the due date for filing or payment of 2019 Business Tax and Interest & Dividends Tax or the 2020 Estimated Tax Payments due on April 15, 2020. The state of NH has however granted an automatic 7-month extension for filing your 2019 tax return if all tax due is paid in full by April 15, 2020. Also, there may be additional relief for certain taxpayers that extends the tax payment due date until June 15, 2020. For detailed information, please see the New Hampshire Department of Revenue Administration website at: https://www.revenue.nh.gov/
Residents of Massachusetts: The State of Massachusetts has extended the filing date for personal income tax returns and payments due from April 15, 2020 to July 15, 2020. For detailed information, please see the Massachusetts Department of Revenue website at: https://www.mass.gov/orgs/massachusetts-department-of-revenue
Residents of Maine: The State of Maine has extended the filing date for personal income tax returns and payments due from April 15, 2020 to July 15, 2020. For detailed information, please see the Maine Revenue Services website at: https://www.maine.gov/revenue/
Please note the summary above is a general overview, so we encourage you to consult with your tax professional to discuss your specific situation in advance of April 15, 2020.
(1) Please note: 2020 estimated tax payments due April 15, 2020 have also been postponed until July 15, 2020, however the second quarter estimated tax payments are still due on June 15, 2020.
