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Expanded Relief

The initial announcement from the IRS on moving this year’s Tax Day from April 15 to July 15 applied to income taxes. That relief has since been supplemented with a new deadline for estate and gift taxes. Estate tax returns (Form 706) are generally due nine months after a decedent’s death, not on any particular date. Gift tax returns (Form 709) are generally due April 15 of the year following the gift. The Service has announced that such returns due after April 1, 2020, and before July 15, 2020, will all have their due date pushed to July 15.

 

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