Indiana Provides Additional Extension for Filing & Payment of Certain Returns & Estimated Tax Payments

Thoughtware Alert May 18, 2020
Tax PCS Private Client Services Finance Insurance

On May 11, 2020, the Indiana Department of Revenue (DOR) announced additional extensions for the filing and payment of certain individual and corporate tax returns as a result of the SARS-CoV-2 virus and the incidence of COVID-19. This added relief is being made in conjunction with the additional federal tax postponements or relief provided pursuant to IRS Notice 2020-23 and is in addition to the DOR extensions previously announced on March 19, 2020.

The DOR has now extended the following Indiana deadlines:

  • Individual estimated tax payments originally due on June 15, 2020, are now due on or before July 15, 2020
  • Corporate estimated tax payments due on April 20, May 20 or June 22, 2020, are now due on or before July 15, 2020
  • Corporate tax returns due on May 15, June 15 or July 15, 2020, are now due on August 17, 2020. Returns included are the IT-20, IT-41, IT-65, IT-20NP, IT-20S, FIT-20, NP-20, IT-6WTH and URT-1
  • The deadline for filing a claim for an income tax refund set to expire between April 1 and July 14, 2020, is extended to July 15, 2020 (including refunds of withholding or estimated tax paid in 2016)

DOR Commissioner Bob Grennes also commented that the DOR is constantly monitoring the actions of the IRS and taking the steps required to help Hoosiers who may be experiencing difficulty during the COVID-19 pandemic.

BKD COVID-19 Resource Center
BKD has created a COVID-19 Resource Center to help disseminate important information for our clients and friends as we evaluate ways to mitigate the inevitable financial effects. Through this resource center, we’ll keep you up to date with relevant news, changing guidelines and new regulations.

As with most topics related to COVID-19, changes are being made rapidly. Please note that this information is current as of the date of publication. Be sure to reach out to your BKD Trusted Advisor™ or use the Contact Us form below if you have questions about how these changes may affect you.

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