Note: These FAQs supersede earlier FAQs that were posted on March 24, 2020, following the publication of Notice 2020-18. These FAQs incorporate the expanded relief provided by Notice 2020-23 that was published on April 9, 2020.
In Notice 2020-18, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) announced special Federal income tax return filing and payment relief authorized under section 7508A of the Internal Revenue Code in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency declared by the President on March 13, 2020. The Treasury Department and the IRS provided additional relief in Notice 2020-20 and Notice 2020-23.
Below are answers to frequently asked questions related to the relief provided in these Notices. These questions and answers will be updated periodically and are designed to be a flexible tool to communicate information to taxpayers and tax professionals. The answers to these questions provide responses to general inquiries and are not citable as legal authority. However, the Treasury Department and the IRS continue to consider additional IRB guidance on the issues addressed in these FAQs.