MI SB0887

Adds Section 301a to extend Michigan income tax filing deadlines for individuals filing annual returns or estimated tax installments due April 15 or April 30, 2020 (for 2019 tax year) or June 15, 2020 (for 2020 tax year) until July 15 or July 31, 2020.

Adds Section 681a to extend Michigan income tax filing deadlines for individuals filing annual returns or quarterly estimated tax payments due April 30, 2020 (for 2019 tax year) or April 15, 2020 (for 2020 tax year) until July 15 or July 31, 2020.

Provides that if the Internal Revenue Service extends federal income tax filing or payment deadlines after this act's effective date due to a declared national emergency, Michigan taxpayers automatically receive a matching extension to coincide with the federal deadline for the same tax year.

Exempts taxpayers from interest and penalties during the extension period.

Effective only if Senate Bill 888 of the 100th Legislature is enacted into law.