"Tax Relief: Presidentially Declared Disaster Areas-Extensions to File or Pay Taxes
The IRS gives affected taxpayers until the last day of the Extension Period to file tax returns or make tax payments, including estimated tax payments, that have either an original or extended due date falling within this Period. The IRS will abate interest and any late filing or late payment penalties that would apply during these dates to returns or payments subject to these extensions."Source:https://www.irs.gov/newsroom/tax-relief-presidentially-declared-disaster-areas
Translated: If you (or your tax preparer) live in a federally declared disaster area, you can extend your payment date to the end of the extension period, which is 10/15, 3 months beyond the current extended deadline of 7/15.Now that the stimulus package has become law, it may make sense to procrastinate in filing your return for 2019. It also may make sense to file your return ASAP. If you have NOT FILED a return for 2018 or 2019, it may take longer to receive a check if a check is due to you. In most cases, you do not have to do anything to receive payment. How much (or if) you receive is determined by factors such as: filing status, AGI, # of dependents under 17, & most recently filed return.Supporting article(with calculator):https://www.kiplinger.com/article/taxes/T056-C005-S001-bigger-stimulus-check-file-your-tax-return-now.htmlWhile based in CT(now a federal disaster area), I file(or have filed) returns for clients with personal and/or business returns in CT, TN, TX, FL, VA, MO, RI, SC, & Turkey with returns filed for CT, VA, MO, MD, CA, RI, PA, SC, VT, IN, & NY. I can probably file yours as well. If interested, please don't hesitate to call, text, email, or PM me on FB for more information.
If you had net earnings from self-employment during any period, complete Part II for that period to figure your annualized self-employment tax.