Mirroring the federal tax deadline extension (IRS Notice 2021-59), Michigan has also extended its deadline for 2020 individual and composite state tax income returns and payments to May 17, 2021. The notice applies to tax returns that would otherwise have been due on April 15, 2021. The extension is automatic, so taxpayers will not need to contact the Internal Revenue Service (IRS) or Department of Treasury to qualify. Taxpayers aren’t required to add any additional information or supporting documents to their tax returns to qualify for the extension. During the automatic extension period, late filing and late payments will not be penalized, nor will interest accrue.

Extension Requests

Taxpayers now have until May 17, 2021, to apply for and pay taxes related to an extension of time to file their annual returns. The extended annual return will still be due on Oct. 15, 2021.

Other Tax Deadlines Remain

The May 17 extension is only limited to 2020 taxes. Taxpayers must still pay the first-quarter estimates for the 2021 tax year on April 15, 2021. The extension also does not apply to fiduciary returns or corporate income tax returns. Regarding city income tax, taxpayers should refer to their local administrators to learn if their city is conforming with the IRS Notice 2021-59.

If you have questions about the filing and payment extension, contact Doeren Mayhew’s Michigan CPAs and advisors today.