April 10, 2020
The IRS provided special relief from the April 15, 2020, Federal income tax return filing and payment deadline in response to the ongoing COVID-19 emergency, in Notices 2020-18 and -17. That relief allows many individuals and businesses until July 15, 2020, instead of April 15, 2020, to file their 2019 tax returns and to pay their income taxes. Although these extensions were well received, they also raised many follow up questions that were not addressed in the Notices, particularly regarding various other deadlines that are related in some way to tax return due dates.
On March 24th the IRS attempted to answer the questions that had arisen by issuing a series of Q&A’s. Some of the Q&A’s that provide additional information related to contribution and filing deadlines for HSAs and qualified employer retirement plans are summarized below: