California Extends Tax Deadline to July 15, 2020, for Payments Due of Up to $10 Million for Corporations and $1 Million for Individuals

Today, California State Controller Betty T. Yee issued the following statement regarding California taxes, extending the deadline to July 15, 2020, for payments due of up to $10 million for corporations and up to $1 million for individuals:

California State Controller Betty T. Yee

“Please note after yesterday’s Internal Revenue Service (IRS) announcement, California is postponing tax deadlines until JULY 15, 2020, due to the COVID-19 pandemic.

This update SUPERSEDES the California Franchise Tax Board’s (FTB’s) previous announcement that extended the due dates for filing and payment of taxes until June 15, 2020.

To align with the IRS special tax relief, I have authorized FTB to postpone until July 15, 2020, the deadline to file and pay taxes owed for all individuals and business entities for:

2019 tax returns
2019 tax return payments
2020 first and second quarter estimate payments
2020 LLC taxes and fees
2020 non-wage withholding payments

Note: The IRS special tax relief extends the deadline to July 15, 2020, for payments due of up to $10 million for corporations and up to $1 million for individuals — regardless of filing status — and other unincorporated entities. The FTB special tax relief does not include these limitations.

The COVID-19 pandemic is disrupting life for people and businesses statewide. Hopefully, this small measure of relief will help allow people to focus on the health and safety of themselves and their family’s during these challenging times.

For more information about federal filing of returns and payment of taxes owed, visit irs.gov.

For more information about state filing of returns and payment of taxes owed, visit ftb.ca.gov.

For updates and information about the COVID-19 pandemic, visit covid19.ca.gov.

Thank you for your actions to help with curbing the spread of COVID-19. Together, we are #californiastrong.

Sincerely,

Betty T. Yee

California State Controller”

For a complete list of measures in effect in the City of Irvine and for regular updates on this rapidly evolving situation, visit cityofirvine.org. See also:

Irvine Proclamation of Emergency for City of Irvine COVID-19

Irvine Coronavirus Emergency Measures

Please also see my earlier posts related to COVID-19:

Irvine Community Centers Closed to the Public Due to COVID-19

Orange County’s Amended Order Re COVID-19 (March 18, 2020)

City of Irvine Leaders Close City Hall, Proclaim Local Emergency in Response to COVID-19

New Statement of the Orange County Health Officer Re COVID-19 (March 17, 2020)

California State Tax Deadline Extended to June 15 Due to COVID-19 Pandemic

Irvine Schools Providing Lunches for Students During COVID-19 Closure

Irvine City Council Issues Response to Coronavirus Outbreak

California Financial Support for Employers and Employees Affected by the Coronavirus

We’re All in this Together. The Coronavirus Doesn’t Discriminate. Neither Should We.