In Notice 2020-23, the IRS and the Treasury Department significantly broadened its tax return filing and payment relief in response to COVID-19. Generally, all taxpayers, including Americans who live and work abroad, with a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020, have until July 15, 2020, to file returns and make payments without penalties or interest. The relief applies to individuals, trusts, estates, corporations, and other non-corporate tax filers, including fiscal-year filers.

While the IRS in Notice 2020-23 identifies specific forms and payments subject to relief similar to Notices 2020-18 and 2020-20, the new Notice now broadly provides relief with respect to the full list of "time-sensitive actions" listed in Revenue Procedure 2018-58, effectively postponing until July 15 the deadline for most actions required to be taken by taxpayers from April 1 through July 14. This includes filing relief with respect to the forms listed in Revenue Procedure 2018-58 but not otherwise specifically identified in Notice 2020-23 (such as Forms 990, 1041-A, 4466, and 5227).

Notice 2020-23 specifically extends the payment and filing deadlines for the following forms:

• Form 1040 series (1040, 1040-SR, 1040-NR, 1040-NR-EZ, 1040-PR, and 1040-SS)
• Form 1041 series (1041, 1041-N, and 1041-QFT)
• Forms 1065 and 1066
• Form 1120 series (1120, 1120-C, 1120-F, 1120-FSC, 1120-H, 1120-L, 1120-ND, 1120-PC, 1120-POL, 1120-REIT, 1120-RIC, 1120-S, and 1120-SF)
• Form 706 series (706, 706-NA, 706-A, 706-QDT, 706-GS(T), 706-GS(D), and 706-GS(D-1))
• Form 709
• Form 8971
• Forms 990-T, 990-PF

Notice 2020-23 also extends filing and payment deadline relief to:

• All schedules, returns, and other forms that are filed as attachments to the specified forms
• Elections that are made or required to be made on a timely filed specified form
• Estimated quarterly tax payments due from April 1 through July 14 (such that second quarter payments are now also due on July 15, along with first quarter payments)

In addition, deadlines for any of the following occurring from April 1 through July 14 are also extended to July 15:

• Filing a petition with the Tax Court
• Appealing a decision by the Tax Court
• Filing a claim for credit or refund of any tax
• Bringing suit upon a claim for credit or refund of any tax

A Tax Alert is forthcoming.