27 March 2020 Mississippi announces extension for income tax withholding payments for COVID-19 In Notice 2020-01 the Mississippi Department of Revenue announced that it is extending the due date of income tax withholding payments for April through May 15, 2020. The decision to offer this relief was made in consultation with Governor Tate Reeves and the Mississippi legislative leadership. The Department also announced that the deadline to file and pay the 2019 individual income tax, corporate income tax and estimated tax payments is also extended until May 15, 2020. Penalty and interest will not accrue on the extension period through May 15, 2020. The Department explained that the extension does not apply to Sales Tax, Use Tax, or any other tax types. Accordingly, these returns should be filed and paid on the normal due date. The extension also does not apply to payments on prior liabilities; however, the Department will consider an extension of time to file and pay on a case-by-case basis.
Document ID: 2020-0755 | |||||||||
