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Release Number CB20-SFS.86

* Tax Deadline Changed - The deadline to FILE and PAY federal income taxes are extended to July 15, 2020. 

From the IRS, News, What’s Hot:

2020 Tax Filing Season

"The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can't file by the July 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request an extension to file their return.

“The 2019 income tax filing and payment deadlines for all taxpayers who file and pay their Federal income taxes on April 15, 2020, are automatically extended until July 15, 2020. This relief applies to all individual returns, trusts, and corporations. This relief is automatic, taxpayers do not need to file any additional forms or call the IRS to qualify.

“This relief also includes estimated tax payments for tax year 2020 that are due on April 15, 2020.

“Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. You will automatically avoid interest and penalties on the taxes paid by July 15.”

Note: Use this tool to explore aggregated revenue, expenditure and employment data for state and local governments. Customize the view by using the drop-down menus and selectable category buttons. Receive additional information by hovering over each data element. The Snapshot above is cropped at the bottom. Click on the image to see the full interactive page. 

Below are the most recent tables from the two surveys and one program used in the Snapshot. 

More Stats:

Source: Quarterly Services Survey (QSS), 2020 back to 2003.

From Topics > Public Sector > Federal, State, & Local Governments:

Tax Statistics:

Note: The STC provides a summary of taxes collected by the 50 state governments, as well as all dependent state-level governmental entities, for five broad tax categories and up to 25 tax subcategories. 

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