Federal, state tax deadlines extended over COVID-19, property taxes remain in place

The Signal Business News
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While the deadline for property taxes remains the same, state and federal governments announced this week the income tax filing deadline will extend for another three months, as the push to combat the COVID-19 coronavirus continues. 

On Friday, Treasury Secretary Steven T. Mnuchin said the Trump administration has decided to move the deadline to July 15 from April 15. 

“All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mnuchin said in a tweet. 

In California, the Franchise Tax Board announced Wednesday it had pushed the filing and payment deadline for all individuals and businesses from April 15 to July 15 for: 

  • 2019 tax returns.
  • 2019 tax return payments.
  • 2020 first and second quarter estimate payments.
  • 2020 LLC taxes and fees.
  • 2020 non-wage withholding payments.

“The COVID-19 pandemic is disrupting life for people and businesses statewide,” State Controller Betty T. Yee said in a prepared statement. “Hopefully, this small measure of relief will help allow people to focus on their health and safety during these challenging times.”

Those who expect to receive refunds are still advised to file as soon as possible in order to receive refunds timely. 

Property taxes

Property taxes in the county of Los Angeles are still due on April 10, but late fees could be waived on a case-by-case basis if someone is unable to pay on time due to unemployment or illness brought forth by the coronavirus. 

“We have no authority to extend the April 10 deadline, as outlined by state law,” Treasurer and Tax Collector Keith Knox said in a statement. “However, beginning on April 11, the day after property taxes are due, people unable to pay on time for reasons related to COVID-19 may submit a request for penalty cancellation online.”

For additional information, taxpayers can visit ttc.lacounty.gov or call 213-974-2111.  

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