Tax return deadline extension until May 17.What still has to be done by Apr 15?

[Padonak]

I know that the deadline to file last year's tax return has been extended from Apr 15 to May 17.

https://www.irs.gov/newsroom/irs-extends-additional-tax-deadlines-for-individuals-to-may-17

Based on the IRS website, it looks like IRA and HSA contribution deadlines for 2020 have also been extended until May 17. Does it apply to both Traditional and ROTH IRA accounts? Does it apply to SEP IRA also? Is there anything else tax related that I'm missing (e g other retirement account contributions) that still has to be done by Apr 15?

[Blackeagle]

Quarterly estimated tax payments are still due April 15.

[YttriumNitrate]

Have all the states also pushed back their deadlines?

[phildonnia]

Have all the states also pushed back their deadlines?

California has changed the deadline to May 17.  Estimated payments for 2021 are still due April 15.  Other states may vary.

Note that if you request an extension, then it is still due October 15.




 

[nalor511]

Have all the states also pushed back their deadlines?

No. https://www.hrblock.com/tax-center/wp-content/uploads/2021/03/2021-state-tax-deadlines-2020-returns.pdf

[terran]

One "trick" I've seen mentioned if you don't want to pay your first estimated tax payment by April 15th is to overpay your 2020 taxes and apply the overpayment to your 2021 taxes when you file by May 17th.

[Padonak]

One "trick" I've seen mentioned if you don't want to pay your first estimated tax payment by April 15th is to overpay your 2020 taxes and apply the overpayment to your 2021 taxes when you file by May 17th.

What difference does it make? Do you just avoid penalties or do you get extra tax deductions?

[terran]

One "trick" I've seen mentioned if you don't want to pay your first estimated tax payment by April 15th is to overpay your 2020 taxes and apply the overpayment to your 2021 taxes when you file by May 17th.

What difference does it make? Do you just avoid penalties or do you get extra tax deductions?

Correct, it would be about avoiding penalties while waiting a little longer to pay. If you rely on safe harbors to avoid penalties you might not know how much to pay until you file your 2020 taxes. Usually the estimated tax deadline and the tax filing/payment deadline are the same, so it doesn't matter, but this year they're not, so this is a way around that.

[clarkfan1979]

I had to file my Hawaii state taxes by April 15th. No extension was given for the state taxes.

[phildonnia]

I had to file my Hawaii state taxes by April 15th. No extension was given for the state taxes.

I noticed that HI was one of two states that didn't conform to the federal change.  I'm wondering: Do state tax returns in Hawai'i have to have the federal return attached?  And do they allow a request for extension?