Rhode Islanders have an extra month to file their taxes this year.
The Rhode Island Tax Department announced Friday that it had postponed the deadline for filing your Rhode Island personal tax returns to May 17th. In addition, the deadline for payments for the 2020 tax year has been extended to May 17.
The move brings Rhode Island in line with deadline extensions announced by the IRS on March 17th.
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The extension gives taxpayers time to prepare for the financial hardship caused by the pandemic. This also gives the IRS time to issue guidance on recent tax law changes. The American bailout plan excludes the first $ 10,200 of unemployment benefits from federal taxes for those earning less than $ 150,000.
The previous deadline was April 15th.
“We recognize the many challenges that Rhode Islanders have faced and continue to face in the face of the global pandemic,” Neena Savage, Rhode Island Tax Administrator, said in a press release. “By aligning our deadline with the federal deadline, we hope to provide relief to taxpayers, accountants and others during these troubled times,” she said.
The change to the IRS deadline only affects individual domestic and non-domestic income tax returns, non-estimated payments still due on April 15th.
– With reports from the Associated Press
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