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Are you delaying your 2019 tax payments?

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  • Are you delaying your 2019 tax payments?

    Just saw the new ruling that they are delaying 2019 tax payments to July. Does everyone on this forum plan on delaying those payments? Also, when/if they plan on adjusting 2020 Q1 estimated taxes, will you be delaying those payments to the last possible date as well?

  • #2
    Estimated tax payments for Q1 of 2020 are included. I will be delaying those. I did not owe any fed taxes for 2019. I do owe state taxes for 2019, but no extension announced so far.

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    • #3
      Yes. Delaying both. Might as well earn a could of bucks in a high yield savings account.
      $1 saved = >$1 earned. ✓

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      • #4
        Yes.. but more so because I didn’t really have an emergency fund

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        • #5
          I'm undecided. I owe a modest amount and had planned to pay it in April. The extra few months of interest don't make too much difference.

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          • #6
            Filing on time. I'm supposed to be getting about $30 back! Imagine I get it and invest it for 1 million years. Yes, I gave the government a free $30 loan last year. Like JG Wentworth, it's my money and I want it now!

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