Wisconsin pushes back income tax deadline to match federal one

Cropped Photo: Ken Teegardin / CC BY-SA 2.0
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MADISON, Wis. (WMTV) -- The State of Wisconsin has joined the federal government in pushing back the tax filing deadlines three months.

The Department of Revenue announced Saturday it too would move its income tax payment and return due date to July 15, 2020. The move comes a day after U.S. Treasury Secretary Steve Mnuchin tweeted that the IRS would be pushing back its filing day.

“This is just one more thing we can do for Wisconsinites during this challenging time,” Gov. Tony Evers said in a statement about the change. “Our main goal is to assist our citizens in any way that we can.”

The Revenue Dept. explained that Wisconsin law allows it to extend the deadline and the waive interests and penalties because of a presidentially-declared disaster. Last week, President Donald Trump signed an order declaring the coronavirus outbreak a National Emergency.

Revenue Secretary Peter Barca noted that half of all taxpayers in Wisconsin have already filed their returns and his agency is still processing returns and issuing refunds and other credits.

“This is a time of great uncertainty for everyone. People are concerned and worried, and one thing they should not have to worry about right now is an April 15 tax deadline,” he said.

Detailing the changes, the agency said:

  • Tax filers do not have to file any extension forms to be eligible for this new due date.
  • There is no limit on the amount of payment to be postponed, and there are no income exclusions.
  • This applies to individuals, trusts, estates, partnerships, associations, companies or corporations.
  • This relief is solely for income tax payments, estimated income tax payments and returns due April 15, 2020.There will be no interest or penalty for the period of April 15, 2020 to July 15, 2020.
  • Interest, penalties, and underpayment interest for failure to make quarterly estimated tax payments with respect to such postponed federal income tax filings and payments will begin to accrue on July 16, 2020.