cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

Has the due date for self-employed quarterly tax payments postponed due to COVID-19? If so, will Quickbooks be adjusting the deadline in its software, accordingly?

 
3 Comments
Highlighted
Moderator

Has the due date for self-employed quarterly tax payments postponed due to COVID-19? If so, will Quickbooks be adjusting the deadline in its software, accordingly?

I'm glad to see you in the Community space, @johnny_law.

 

At this time, we haven't received announcements regarding the tax payments being postponed due to COVID-19. Rest assured that we are working with the IRS on this issue. Once we received the news, we'll let everyone know.

 

 

I'll include the following articles just in case you need them when making a payment and managing tax forms.

 

 

Know that I'm always here if you have other questions or concerns. I'm up and ready to help. Stay safe and have a nice weekend.

Highlighted
Level 1

Has the due date for self-employed quarterly tax payments postponed due to COVID-19? If so, will Quickbooks be adjusting the deadline in its software, accordingly?

It appears that the IRS has done so.  In the Guidance issued as Notice 2020-18, it provides that, "Federal income tax payments due April 15, 2020, is automatically postponed to July 15, 2020."  The Notice goes on to say that, "The relief provided... is available solely with respect to Federal income tax payments (including payments of tax on self-employment income)... and Federal estimated income tax payments (including payments of tax on self-employment income) due on April 15, 2020, for an Affected Taxpayer’s 2020 taxable year. " See https://www.irs.gov/coronavirushttps://www.irs.gov/pub/irs-drop/n-20-18.pdf.  Would you concur?

Highlighted
QuickBooks Team

Has the due date for self-employed quarterly tax payments postponed due to COVID-19? If so, will Quickbooks be adjusting the deadline in its software, accordingly?

Hello, @johnny_law.

 

Thanks for following up on the tax payments on your account. 

 

According to the Secretary of Treasury, anyone with a Federal Tax Payment related to their 2019 taxes and their tax year 2020 estimated tax payment due 4/15/20 can defer their tax payment, free of penalties and interest for 90 days, until July 15. 

 

For more information about all tax deadlines, you can refer to this Intuit TurboTax article: Is the Tax Deadline Delayed? What to Know About Coronavirus (COVID-19) and Your Taxes

 

If you have any more questions or concerns, I'm always here to help. Have a safe and productive week ahead!

Need to get in touch?

Contact us