IRS Extends 2021 Tax Filing Deadline To May

The IRS has extended the federal tax filing deadline from April 15th to May 17th to accommodate changes due to the pandemic and recent tax law updates. The COVID relief package exempts the first $10,200 of unemployment benefits from federal taxes. Taxpayers needing more time can request an extension until October 15th, but this does not affect estimated tax payments or state tax deadlines.

What is the new deadline for filing federal taxes this year?

Why did the IRS delay the traditional filing deadline?

What does the newly passed COVID relief package exempt from federal taxes?

What is the last date taxpayers can request an extension until?

Does the new deadline affect the due date on estimated tax payments?