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Gift Tax Return Extensions

Posted: April 8, 2020

Similar to income tax returns, the IRS has announced that April 15, 2020 gift tax return filing deadlines and gift tax payment deadlines have been extended to July 15, 2020.   https://www.irs.gov/pub/irs-drop/n-20-20.pdf  

A form can also be filed to further extend a gift tax return filing deadline to October 15, 2020, but any gift tax owed will remain due on July 15, 2020. 

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