20 March 2020 Iowa extends one income tax withholding deposit due date in connection with COVID-19 As a result of an order signed by Director of Revenue Kraig Paulsen, the Iowa Department of Revenue announced that it is extending one income tax withholding deposit due date for certain taxpayers. The extension is designed to provide flexibility to disrupted businesses in connection with COVID-19. The order extends the income tax withholding deposit due date for the period ending March 15, 2020, from March 25, 2020, to the new deposit due date April 10, 2020. It applies to Iowa residents or other taxpayers doing business in Iowa who remit income tax withholding on a semi-monthly basis. No late-filing or underpayment penalties shall be due for qualifying taxpayers who comply with the extended filing and payment deadlines in the order. Interest on unpaid taxes covered by the order will be due beginning on April 11, 2020. State income tax refunds currently are being processed at about the 30-day mark. Taxpayers can check the status of their refunds at the Department’s where’s my refund page. Taxpayers and tax professionals who need assistance can contact the Department by email at or call the taxpayer services phone line at 515-281-3114 or 1-800-367-3388.
Document ID: 2020-0629 | |||||||||
