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June 23, 20212021 Tax Due Date Update ADOR Extends Income Tax Deadline to May 17, 2021
The State of Arizona has announced it has moved the deadline for filing and paying state individual income taxes from April 15 to May 17, 2021. Additionally, the deadline for first quarter tax year 2021 individual estimated tax payments remains April 15, 2021.
This follows the Treasury Secretary announcement that the Internal Revenue Service (IRS) has moved the deadline for 2020 federal individual income tax returns to May 17, 2021.
The extended deadline only includes individual returns.
The new deadline means taxpayers who file and pay after the previous April 15 deadline will not be assessed late filing or late payment penalties.
Taxpayers anticipating that they will need more time beyond the new May 17 deadline to file state individual income taxes should consider filing for an extension by submitting Arizona Form 204 by May 17. Taxpayers do not need to submit Arizona Form 204 if they have already received a federal extension from the IRS.
Additionally, the Arizona Department of Revenue advises taxpayers they now have until May 17 to contribute to certified qualifying charitable organizations, qualifying foster care charitable organizations, school tuition organizations, and public schools to claim the tax credits on their 2020 individual income tax return.
Individuals should ensure to file accurate tax returns. Here are some key tips:
· E-file. Electronic filing is more accurate, secure and faster.
· Ensure all the necessary lines and forms are filled out correctly. Avoid math errors or miscalculations.
· Don’t misspell names or use two different names.
· Make sure key information like tax ID number, Social Security number, routing number or account number are correct in all the appropriate boxes.
· If filing a paper return, use black ink and print on white paper.
· Do not staple or attach anything to paper returns.
· Don’t forget to sign and date the return.
The Arizona Department of Revenue encourages taxpayers to file electronically, as e-filing is more efficient, more secure and refunds are processed faster than refunds from paper tax returns.
Check out the Arizona Department of Revenue’s FAQs website at https://azdor.gov/news-notices/faq-during-tax-season for information.
Please consider Arizona children when choosing where to put your Arizona tax money!
Kim