Tax deadline for individuals extended to May 17

Individuals who haven’t filed their taxes yet have a bit more time.

Both the IRS and State of Wisconsin have extended the deadline from the usual April 15 to May 17.

Individual income tax returns may be filed and payments, if necessary, may be done by May 17.

“This has been a hard year for everyone. People are still trying to catch up financially and emotionally. Extending the tax deadline to May 17 should help make things a bit easier for those who need the extra time," said Department of Revenue Secretary Peter Barca, in a statement.

Individuals do not need to file extension forms to qualify for the new due date, and interest and penalties will not accrue between April 15 and May 17. Interest and late fees will begin applying May 18.

Underpayment interest won’t apply for failure to make quarter estimated individual income tax payments for the 2020 tax year.

This relief does not apply for 2021 estimated tax payments for individuals or any other returns or tax payments due to the Department of Revenue.

 "Roughly, half of all taxpayers in Wisconsin have already filed their tax returns, and most have received refunds, on average over $800," Barca said. "We are still processing returns and issuing refunds and other credits that Wisconsinites rely on such as the Homestead Credit and Earned Income Tax Credit."  

For more information, visit www.revenue.wi.gov or call 608-266‑2772.