The Ohio Department of Taxation announced on Thursday that it would be extending the deadline to file and pay taxes in the state from April 15 to May 17.
The extension is approximately one month and applies to individual income and school district income taxes for 2020. Ohio’s extension will also include a waiving of penalty and interest payments on tax due payments made during the extension.
Ohio Tax Commissioner Jeff McClain said the extension is “intended to provide some relief to individuals impacted by the public safety measures to contain the spread of the coronavirus.”
The move follows a similar extension for federal income taxes filing, announced by the Treasury Department and Internal Revenue Service announced earlier this month. That extension also moved the filing deadline to May 17.
“This continues to be a tough time for many people, and the IRS wants to continue to do everything possible to help taxpayers navigate the unusual circumstances related to the pandemic, while also working on important tax administration responsibilities,” said IRS Commissioner Chuck Rettig in a statement at the time. “Even with the new deadline, we urge taxpayers to consider filing as soon as possible, especially those who are owed refunds. Filing electronically with direct deposit is the quickest way to get refunds, and it can help some taxpayers more quickly receive any remaining stimulus payments they may be entitled to.”
The IRS’s extension includes a waiving of the associated penalties and also applies to individual taxpayers such as those who pay self-employment tax. Both the Ohio Department of Taxation and the IRS clarified that the first quarter estimated income tax payment for 2021 is exempt from the extension and must be paid by April 15.
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Jordyn Pair is a reporter with The Ohio Star. Follow her on Twitter at @JordynPair.
