In March, the IRS announced that Federal income tax returns and any tax payments in connection with those forms, with an original due date of April 15, 2021, are now due May 17, 2021. The filing and payment extension for federal income tax returns automatically postpones to May 17, 2021, the deadline for making 2020 contributions to Health Savings Accounts (HSAs). The extension is available to contributions made by individuals or employers. If employer HSA contributions are made for a prior year, the employer must notify the HSA trustee or custodian and inform the employee of that designation.
