gungriffin
Rising Sun Member
Well, I had a scary thought cross my mind as I was driving home from work tonight (I am working, making N95 masks and now face shield headbands to donate). Oh sh!t! Tomorrow's April 15th. I know I heard on the news that Federal Taxes have been deferred until July 15th, but do I still have to file them and then not have to pay? (The original announcement I heard), and then what about Colorado Income taxes? I last heard/read on the news that some states were following the IRS lead, but hadn't heard or read anything about Colorado, and I am huge news hound. So after I got home I was relieved to learn that indeed Colorado has deferred paying to July 15, and even filing until October 15, when you would ordinarily have to file if you filed for an extension.
https://www.colorado.gov/pacific/tax/income-tax-deadlines
And I went to the IRS web site and learned that yes, not only are payments deferred until July 15 (which was widely reported) but filing is too (not so widely reported):
https://www.irs.gov/newsroom/tax-da...ederal-tax-payments-regardless-of-amount-owed
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This also includes any retirement contributions that you might do too. I was rushing today to move funds around to get this taken care of. My girlfriend then showed me an article that I had until the filing deadline.