WISCONSIN — The Wisconsin Department of Revenue announced that more filing and payment deadline dates will conform with recently released IRS Notice 2020-23, which makes it easier for taxpayers to comply. This notice automatically moves deadlines for filings and payments due between April 1 and July 15 to July 15. 

The Wisconsin Department of Revenue has updated information to reflect this most recent deadline change. Find it at: https://www.

revenue.wi.gov/Pages/TaxPro/2020/

taxDeadlinesExtendedCOVID.pdf 

Summary of the new guidance: 

● Income, franchise and pass-through withholding returns due on or after April 1 and before July 15 are extended to July 15. 

● Income, franchise and pass-through withholding tax due on or after April 1 and before July 15 will not accrue interest or penalties until July 16. 

● Waiver of Underpayment Interest on estimated payments will not apply to income, franchise and pass-through withholding returns with a tax year ending on December 31, 2019, or returns that are due on or after April 1 and before July 15. 

● Estimated payments due on or after April 1 and before July 15 are extended to July 15. Note: first quarter estimated payments are generally due April 15 and second quarter estimated payments are generally due June 15. 

● Federal economic impact payments are not taxable for federal or Wisconsin income tax purposes. The IRS will not use the payment to pay federal or state tax debts but will use it to pay past due child support payments that the states have reported to the IRS. 

The Wisconsin Department of Revenue notes that most services are found online at www.revenue.wi.gov. For the most up-to-date information on COVID-19 in Wisconsin, go to: www.wisconsin.gov/covid19.