The IRS has expanded favorable guidance regarding the delay of filing US federal individual income tax and related returns, as well as certain tax payments – welcome news for mobile workers who may be present in an unexpected location due to the health crisis. To assist mobility professionals, the table presented in this Insight is intended to provide a short-hand reference tool, coupled with some practical tips to consider.
While the IRS provided clear guidance as to the postponement of upcoming US federal income tax obligations for individuals, not all US states have followed suit. Some states or jurisdictions have not postponed tax return or payment due dates (examples include Virginia, Mississippi, Idaho, and New Hampshire), while others have not extended the due date of estimated payments (examples include the District of Columbia, Virginia, and Minnesota). Other state changes also may occur. Mobility professionals may track these state deadlines by using PwC’s select state and local income tax relief matrix.