In March 2020, due to COVID-19, the IRS automatically extended the filing deadline for tax returns from April 15 to July 15, 2020. The extension applied to all individual returns, trusts, and corporations. Taxpayers did not need to file any additional forms or contact the IRS for an extension. It also included estimated tax payments for tax year 2020 due on April 15, 2020.
However, penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. You will automatically avoid interest and penalties on the taxes paid by July 15, 2020. Individual taxpayers who need additional time to file beyond the July 15 deadline can request a filing extension by filing Form 4868 through their tax professional. Businesses who need additional time must file Form 7004.
The April 15, 2020 deadline for filing and paying Arizona taxes for the 2019 calendar year is July 15, 2020. The Arizona due date for first quarter estimated tax payments did not change and remained April 15, 2020.
In Arizona, full-year resident or part-year resident individuals must file a tax return if they are:
- Single or married filing separately and gross income (GI) is greater than $12,200;
- Head of household and the GI is greater than $18,350; or
- Married and filing jointly and the GI is greater than $24.400.
For non-resident individuals the threshold numbers above are prorated based on the individual’s Arizona gross income to their federal adjusted gross income.
To expedite the processing of an income tax return, the Arizona Department of Revenue (ADOR) strongly encourages taxpayers to e-file. E-filing is more secure and efficient than paper returns, with nearly 83 percent of the 3.4 million individual tax returns being e-filed for tax year 2018.
To speed up the refund process and avoid delays in processing your returns:
- Verify all the necessary lines and forms are filled out correctly. Avoid math errors or miscalculations.
- Enter taxpayer and dependent names as they appear on Social Security cards and avoid using two different names.
- Make sure to include your daytime telephone number.
- Ensure all information, forms, carry over totals and supporting documentation are correctly stated.
- Double-check bank routing and account numbers used on tax forms.
- If filing a paper return, use black ink and print on white paper.
- Do not staple or attach anything to paper returns.
- Remember to sign and date the return.
If you have questions about the July 15, 2020 deadline or your tax filing, contact one of our Arizona accountants or CPAs.