trying to efile an extension for an 1120S corp and I got an error message stating cannot efile extension after the 3/16/2020 deadline. However the deadline was extended to July 15, 2020. How can I file this extension today?
Thank you in advance for your help!
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Thank you so much! So, Corporations did not get the extended time to file if they were due 3/15/2020, only returns that would normally have been due 4/15/2020 correct? I just received the request to file this extension yesterday.
Very Confusing! I found this article on Forbes & it looks like it was supposed to be extended:
May 20: 2019 calendar-year partnership and S-Corp tax returns, and 2020 Section 475 elections for partnerships and S-Corps, were due March 16, 2020. These pass-through tax returns and entity 475 elections are not eligible for virus tax relief with the July 15, 2020 postponement deadline. Postponement relief is limited to 2019 tax returns due April 1, 2020, or after, and the March 16 deadline was before April 1. However, fiscal-year partnership or S-Corp tax returns due on April 1, 2020, or later are eligible for the July 15 deadline.
But what confusion? They didn't move back any due dates until after the Sub S due dates had passed so those extensions should have been filed before any word came out about July 15th. But because of COVID issues this year, I think the IRS is going to be handing out a lot of "get out of jail free" cards this year. Just write a letter asking for forgiveness and mention COVID a few times in the letter and see if that flies.