In response to the Internal Revenue Service (“IRS”) delaying the April 15th deadline for individuals’ federal income tax returns and payments to May 17, 2021 (see our Memorandum here) certain states have begun to follow suit.
New York State:
The New York State Tax Commissioner has extended the due date for New York State personal income tax returns, and related tax payments, for the 2020 tax year from April 15, 2021, to May 17, 2021. The relief does not apply to estimated tax payments for the 2021 tax year that are due on April 15, 2021. These payments are still due on April 15, 2021.
Click here to view the New York Announcement
New Jersey:
New Jersey has followed the actions of the IRS and automatically extended the 2020 income tax filing due date for individuals from April 15, 2021, until May 17, 2021. This extension does not include first quarter estimated payments, which are still due by April 15, 2021.
Click here to view the New Jersey Announcement
Connecticut:
The Department of Revenue Services is extending the filing and payment deadline for Connecticut individual income tax returns to Monday, May 17th, 2021. This extension does not include first quarter estimated payments, which are still due by April 15, 2021.
Click here to view the Connecticut Announcement
For further questions regarding how this might affect you or your business, please contact Jonathan P. Brose (212-574-1615), James C. Cofer (212-574-1688), Ronald P. Cima (212-574-1471), Daniel C. Murphy (212-574-1210), Brett R. Cotler (212-574-1269) or Tyler J. Combest (212-574-1472).