Both state and federal income taxes for 2020 will now be due on May 17. The state Dept. of Revenue notes that Wisconsin law requires it move the deadline from the typical April 15 due date to match the federal one if the Internal Revenue Service opts to extend it during a presidential emergency.

Is there an extension on filing Wisconsin state taxes?

Are extensions available if I can’t file my Wisconsin return by the due date? Your 2020 individual income tax return must be filed by April 15, 2021, unless you have an extension of time to file. Attach a statement to your Wisconsin return explaining how you qualify.

When can I expect my Wisconsin State Tax Refund?

If filed electronically, most refunds are issued in less than three weeks. Filing a paper return could delay your refund. Our strong fraud and error safeguards could delay some refunds up to 12 weeks.

When can you e-file in Wisconsin?

When can I electronically file my 2020 income tax return? The Internal Revenue Service and the Wisconsin Department of Revenue will accept electronically filed income tax returns for tax year 2020 on February 12, 2021.

What happens if you file late in Wisconsin?

Wisconsin allows a 180-day extension period (same as for federal tax). You will not be assessed a late ​filing fee if you file within the extension period. You may be assessed interest if tax is due.

What’s the penalty for filing taxes late in Minnesota?

For example, Minnesota imposes a penalty of 5% of the tax due on a return filed late, while Wisconsin imposes a penalty of 5% per month of the amount due up to 25% plus a $20 late filing fee. These penalties can add up quickly and can be very costly for a business.

What happens if you file a late tax return?

You will not be assessed a late-filing fee if you file within the extension period and include a completed federal Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return with your income tax return. You may be assessed interest if tax is due.

When do I have to file my Wisconsin income tax return?

Am I subject to interest or penalties if I don’t file my Wisconsin income tax return by the due date? Your 2019 individual income tax return must be filed by April 15, 2020. Late-filed returns may be subject to the following charges: Late-filing fee — $50; Delinquent interest — 1.5% per month (18% per year)