Tax Day for Individuals Extended to May 17thMarch 19, 2021
South Carolina Enacts “SALT Workaround” Election for Pass Through EntitiesJune 7, 2021
Both the South Carolina and North Carolina Departments of Revenue have adopted the extended federal individual income tax filing and payment deadline of May 17, 2021. So the individual income tax filing deadline for 2020 for these states is now May 17th. These extensions are automatic.
As a reminder, this relief does not apply to estimated tax payments that are due on April 15, 2021 in either of these states.
If you have any questions about this or any other items, please reach out to your WR Partner or your relationship manager. We are here to help.