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April 13, 2020

Department of Revenue extends deadline to make June estimated tax payment

JEFFERSON CITY

The Missouri Department of Revenue announced today that it is extending the June 15, 2020, estimated tax payment deadline to July 15, 2020. This announcement mirrors federal guidance issued last week by the Internal Revenue Service.

The Department previously extended the deadline for estimated tax payments due on April 15, 2020, to July 15, 2020. Today’s announcement provides additional relief to individuals and corporations by also extending the due date for the 2nd quarterly estimated payment, originally due June 15, 2020, to July 15, 2020.

On March 21, the Department announced that it was extending the deadline to file income tax returns from April 15, 2020, to July 15, 2020. Income tax payment deadlines for individual and corporate income returns with a due date of April 15, 2020, were also extended until July 15, 2020. This payment relief applies to all individual income tax returns, income tax returns filed by C Corporations, and income tax returns filed by trusts or estates. The Department is automatically providing this relief, so filers do not need to take any additional steps to qualify.

Individuals and corporations may still request an extension to file until Oct. 15, 2020, if they cannot meet the new July 15 filing deadline. An extension to file is not an extension to pay taxes owed. Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. Individuals and corporations that file their return or request an extension of time to file by July 15, 2020, will automatically avoid interest and penalties on tax paid by July 15.

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