The due date for calendar year 2015 federal individual income tax returns is Monday, April 18, 2016, this tax season rather than April 15, 2016. The due dates for certain Tennessee franchise and excise tax returns, business tax returns and Hall income tax returns will be Monday, April 18, 2016, rather than Friday, April 15, 2016, consistent with the Internal Revenue Service (“IRS”) federal income tax filing deadline change for most of the country.
This change in the due dates is due to our Nation's Emancipation Day which will be celebrated on Friday, April 15, 2016, in Washington, D.C., making it a legal IRS holiday. Emancipation Day is a local public holiday in Washington, D.C., that commemorates the day in history when President Abraham Lincoln signed a declaration freeing slaves living in the city.
In accordance with Tennessee law, whenever the due date for filing the return occurs on a legal holiday for IRS purposes, the Commissioner of Revenue is allowed to extend the due date of state returns to the next workday, in this case, Monday, April 18, 2016.
Accordingly, Tennessee franchise and excise tax returns, Hall income tax returns and business tax returns with a tax period ending on December 31, 2015 will be considered timely if they are filed (and any tax due is paid) on or before April 18, 2016.
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